| In general, the documentation you will need includes: |
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Check for application fee |
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| Property Information (if you already have a contract on a house) |
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Purchase Agreement. |
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Copy of legal description and MLS sheet. |
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If you are selling your current home, copy of listing contract. |
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If you have sold your current home, copy of settlement statement (HUD-1). |
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Income & Assets |
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Pay stubs for the last 30 days. |
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For the past two years: |
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Statements for each bank, mutual fund, and/or investment account for the last three months. |
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Estimated value of personal property and furniture. |
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If you have made any large deposits to your accounts: |
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If you own more than 25% of a business: |
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If self-employed: |
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If you own rental property: |
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If you are retired: |
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If you receive Social Security: |
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If you are counting child support as income: |
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Debts |
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Names, addresses, account numbers, balances and monthly payments on all current loans. |
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Explanation of credit report anomalies, including: |
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VA Loans |
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Copy of DD Form 214, Report of Separation. |
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Miscellaneous |
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Photo ID and proof of Social Security number. |
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Residence addresses for the past two years. |
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If applicable, a copy of your divorce decree. |
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If you are not a citizen, a copy of the front and back of your green card. |