• Paperwork Needed

  • To apply for a loan, you will have to provide the lender with detailed documentation of your financial history. The lender will request a credit report from a credit agency and will verify the information provided in your loan application. Be prepared to provide:

    • Social Security numbers for both you and any co-borrowers
    • Copies of checking and savings accounts statements for the past two months
    • Evidence of any other assets such as bonds, stocks, or money saved in retirement programs (i.e. 401k or 403b program)
    • Recent paycheck stubs
    • W-2 withholding forms, or income tax returns for the past two years to verify your income and proof of employment
    • The name and address of someone who can verify your employment
    • Residence history for the past two years
    • Sales contract for the purchase of a new home
    • Homeowner's association information with contact information if property is a condo or part of a homeowner's association