Items needed from the customer:
- Taxes last 2 years (full if self-employed or W2's will usually work).
- Homeowners insurance declarations page, or agents name and contact number.
- Most recent 2 paycheck stubs for each borrower on loan.
- Correct account information on any anad all accounts, and addresses and phone numbers for Customer Service if possible.
- Most recent 2 months bank statements (all pages) to verify assets.
- Copy of any statement regarding 401K, IRA, stocks or bonds listed on application (all pages).
- Bankruptcy papers (with schedule of debtors) if applicable (chapter 7 or 13).
- Copy of divorce decree or any settlements if applicable.
- Completed letter of explanation for lsow pays, derogatory credit fo multiple credit bureau inquiries.
- Copy of drivers license and social security cards for both borrowers.
Additional information for purchases
- Purchase agreement (make sure page 5 is signed by seller)
- Realtor information and Title company names and contact numbers.
- Source of down payment if applicable.
- Previous rental history information if no previous mortgage (landlord information, cancelled checks, etc.)