Ten Things A Lender Needs From You

Processing Your Home Loan

  1. W-2 forms or business tax return forms if you are self employed for the past two or three years for every person signing the loan documents.
  2. Copies of one or more months of pay stubs for every person signing the loan.
  3. Copies of two to four months of bank or credit union statements for both checking and savings accounts.
  4. Copies of personal tax forms for the last two to three years.
  5. Copies of brokerage account statements for two to four months, as well as a list of any other major assets of value, e.g., a boat, RV or stocks or bonds not held in a brokerage account.
  6. Documentation to verify additional income, such as child support, pension etc.
  7. Copies of your most recent 401 (k) or other retirement account statement.
  8. Account number of all of your credit cards and the amounts of any outstanding balances.
  9. Lender, loan number and amount owed on other installment loans - student loans, car loans etc...
  10. Addresses where you lived for the last five to seven years, with names of landlords if appropriate.
Once you have completed the loan process you are ready to make an offer.