Copy of Buyer Guide - V7

HOME LOAN APPLICATION DOCUMENTS CHECKLIST

To determine loan eligibility...

LENDERS TYPICALLY REQUIRE THE FOLLOWING TYPES OF DOCUMENTS FROM EACH APPLICANT

INCOME

Federal tax returns: last 2 years

W-2s: last 2 years Pay stubs: last 2 months

Any additional income documentation: pension, retirement, child support, Social Security/disability income award letters, etc

ASSETS

Bank statements: 2 most recent checking and savings account statements

401(k) or retirement account statement and summary

Other assets: statements and summaries of IRAs, stocks, bonds, etc.

OTHER

Copy of driver's license or ID and Social Security card

Addresses for the past 2-5 years and landlord's contact info if applicable Student loan statements: showing current and future payment amounts Documents relating to any of the following if applicable: divorce, bankruptcy, collections, judgements or pending lawsuits

Made with FlippingBook - Online catalogs