The First Lady Of Finance®

When it comes time for your application appointment, it helps to be prepared.  Having the needed documentation will make it easier for your loan officer to get your application started.  Below is a list of helpful documents to bring to your appointment.  This is a broad list to cover all possible borrowers, so some documents may be relevant to you and your co-borrower while others are not.

IDENTIFICATION

• Current photo identification (drivers license, I.D. card) for each borrower
• Resident alien card

INCOME

• Current pay stubs (one full month)
• W2s/1099s (last two years)
• Evidence of social security/retirement income (i.e. copy of check or award letter)
• Federal tax returns, with all schedules/attachments (last two years)
• Partnership/corporate tax returns (last two years)
• Signed year-to-date profit and loss statement
• K1s for all partnerships
• Evidence of child support income (i.e. 12 months of canceled checks)
• Rental agreements on all rental properties

ASSETS

• Bank statements, all pages (last three months)
• Money market statements
• 401k statements
• Original gift letter
• Copy of transfer of gift funds to escrow or your bank account
• Verification of donor’s ability to give funds (i.e. bank statement)

CREDIT

• Account numbers for installment and revolving debts
• Last 12 months mortgage payment history
• Landlord addresses (last two years)
• Complete divorce settlement documents
• Complete bankruptcy papers
• Explanation of derogatory credit

Good luck with your appointment!