NMLS: 2576 | CT LICENSE: 1101 | MA LICENSE: LS2576 | MI LICENSE: FR0023580 You need to provide documentation of income (to support the mortgage), assets (to make a downpayment and pay closing costs) and ongoing debts. More specifically this includes the the following information:
- W2’s for the past 2 years
- 4 current paystubs
- Residence addresses from the past 2 years
- Names and addresses of employers from the past 2 years
- Last 3 months of bank statements for all checking, savings, mutual funds/401K etc.
- Names, addresses, account numbers and monthly payments on all open loans – car, student, personal, mortgage, etc. plus credit cards and other debts
- Addresses of other real estate owned; if rental, we need leases
- Last 12 months rent checks or Landlord’s full name and mailing address for the past 2 years
- Copy of Social Security Card (FHA)
- Legal description/Deed (FHA/VA)
- Green Card (if applicable)
- Certificate of Eligibility (VA)
- If you are self-employed, we need last 2 years tax returns and all schedules
- Copy of Divorce Decree
- Purchase Agreement
- And possibly the last 3 years tax returns (CHFA)
Posted in: The Home Buying Process
