What You Need To Apply
Copy of your Driver’s License
Copy of your Social Security Card (if you are applying FHA or if you are not a US citizen)
Copy of your Resident Alien Card (if you are not a US citizen)
Copy of your W-2’s for the most recent two years
Copy of your Federal Tax Returns; all schedules; covering previous 2 years
Copy of your paystubs covering a 30 day period
Copy of your 2 Most recent Bank Statements (2 consecutive months and all pages must be included even if last page(s) is blank.
If you receive Social Security we will need your Awards Letter
Divorce decree, if applicable
If you have had a foreclosure we will need the Deed in Lieu of Foreclosure or HUD 1 Settlement Statement if property was sold as a short sale
If you have filed for bankruptcy it will need to be discharged and we will need your bankruptcy papers.
What NOT TO DO during the Application Process
Do not open new trade lines of debt. Ex. No applying for a new credit card or obtaining a new car loan/lease.
Do not decide to quit or switch jobs during the loan process
Do not co-sign for any loans
Do not make any large deposits into the bank account you are using to qualify for your mortgage
Do not let multiple companies run your credit
Do not make any late payments on your bills
Remember if you are unsure about any transaction you are about to make you can always contact your loan officer. Loan officers are always more than happy to advise you throughout your loan process.
