(NOTE: this is a just a guideline)
Items Needed to Start the Process:
Recent paystubs (most commonly the last month) from your current employer, showing year to date earnings.
W-2 forms for the previous two(2) years
Name and mailing address of prior employer
Signed and dated copies of your Federal Tax Returns ( include all Schedules) for the previous(2) years
Most recent (2) months of bank statements/ brokerage/ retirement accounts
o Please provide All pages to the statement.* Please be prepared to document and large deposits contained in your statements.
o If you use ONLINE bank statement please verify it contains the following information on the print: Bank Name, Customers Name, Account Number, and 60 day history of All transactions ( deposit and withdraw)
Copy of Drivers License
Copy of Social Security Card
Items You Will/ May Need During the Process:
Two (2) prior year 1040’s all schedules ( if self employed)
Contact information for landlord ( if currently renting)
Verify past 24 months of rental history
Mortgage Statement, property tax bill and homeowners insurance declarations page on current home and rental properties( if you currently own a home/property)
Lease agreements( if you own a rental property)
CPA Letter/ Business License ( if you are self employed)
All FHA Disclosures which will be forwarded to borrower by mail( for FHA Loans)
Amendatory Clause( for FHA loans)
o Please Do Not Date- all parties must sign( seller, seller’s agent, buyer and buyer’s agent- this Form should be presented with offer and Pre-Approval)
