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5/17/2012

Homework List For a Loan




Homework List for your Loan Application

Documents You Will Need to Start Your Loan Application
We understand this is more paperwork than you ever were asked to
provide before. This is an initial list of items, and may lead to requests
for more paperwork.


IRS Form 4506-T — signed and dated
Pay stubs covering the last 30 days with year-to-date information included (all jobs and applicants)

W-2s for the past two years

Federal tax returns (1040s) for the past two years

Asset / Bank statements — Past two months' statements all accounts and all pages no online printouts

We will discuss explanations for late payments, collections, judgments documentation for any large deposits on asset statements

Other:
Driver's License and Social Security card — legible copies
Hazard (Homeowner's) insurance information including agent's name and phone number

Purchase contract — signed by all parties (fully executed)

 SELF EMPLOYED BORROWERS- a few more items

Federal tax returns (personal as well as business returns) — complete copies for the last 3 years



Content and information provided as a as to accuracy or completeness of information and assumes no liability for use of this information.


C G Barbeau
(949) 637-8190
NMLS 324982











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