Finish your loan application

If you have not already submitted these items to your lender for pre-approval, these are some of the items that will be asked for in order to finish your loan application. Typically the lender will reach out to you within 24 hours of receiving the fully executed contract. Most of these documents will be uploaded to a secure portal. You typically have 7 days to finish the loan application from time of going under contract.

General

· Non-expired Government ID and Social Security Number

· Name and complete address for past 2 years of residence

Income

· Employment history, including names, addresses, phone numbers for the past 2 years.

· Copies of your most recent pay stubs and W-2 forms (past 2 years).

· Verification of other income (social security, child support, retirement).

· Copies of signed tax returns including all schedules (past 2 years).

· Social Security & Pension Award letters.

· If you have rental property income: Copies of all signed lease agreements.

Assets

· Copies of all bank statements from checking/savings accounts (past 2 months).

· CD certificates and statements for retirement accounts (most recent 2 months or quarterly statement).

· Gift funds will need gift letter of proof of gift.

Creditors

· Credit cards (current balances and monthly payments).

· Installment loans (car, student, etc.).

· Mortgage loans (property address, lender with address, account numbers, monthly payment and balance owed on all properties presently owned or sold within the last 2 years). Bring proof of sale for properties sold..

Other

· Bankruptcy – Discharge and schedule of creditors.

· Childcare expense/support (name, address, phone number).

· Adverse credit – Letters of explanation.

· Divorce – Your Divorce Decrees, property settlements, quitclaim deeds, modifications, etc.

· VA only – Form DD214 and Certificate of Eligibility.

· Retires – Retirement and/or Social Security Award Letter.