Employment

§         Addresses for two full years

§         Current 30 day pay stubs

§         2 years tax returns signed

§         2 years W-2s, if available

§         Proof of pensions, retirement, disability, 401k, annuities, or Social Security Proof of income from rentals, investments, etc. Proof of child support or alimony paid/received

§         Lease on all rental properties (if you own investment properties)

§         Gift of equity letter and proof of donor ability

§         Copy of car title if owned free and clear

§         Bankruptcy papers (petition)

§         Discharge papers from bankruptcy

§         Alternative credit letters if you don’t have enough open lines of credit (i.e. car insurance, cell phone, electricity, cable, etc.) Letters should state you have been making your payments on time for the last 12 months

§         If a purchase you will need 12 months of cancelled rent checks

If self-employed

§         Two years 1040 Tax Returns

§         Current year profit and loss statement

§         If ownership is less than 25%, you will need a letter from the accountant or Officer of the business owned stating what % you own

Creditors

§         Each creditor's name, Address and type of account, Account numbers, Monthly payments, and approximate balances, Amount of child care expenses

Banking

§         Names and addresses of saving institutions Account numbers for all accounts Type of accounts and present balances

Miscellaneous

§         List of assets in stocks, bonds, land

§         Life insurance cash value (documented if for down payment) If applicant is selling a home, a copy of sales contracts Social Security numbers for all parties

§         Veterans - Certificate of Eligibility and DD-214

§         Cash or check to pay for application fee

Your Realtor should provide

§         Copy of sales contract

§         Copy of MLS listing sheet on property

§         Instructions on how appraiser is to gain entrance

§         Proof of Ernest Money