To qualify for a home loan the Lender will require LOTS of documentation. Submitting documents upon request will expedite the home buying
process. Some items that you may want to gather in preparation for a purchase of a house via a home loan:
→ W-2 forms from the previous 2 years if you collect a paycheck (self-employed 1099 forms and more…)
→ Recent paycheck stubs
→ 2 most recent tax returns
→ Complete list of ALL debts to include creditcards, student loans, car loans, child support payments and other obligations.
Include minimum monthly payment and balance for each.
→ List of assets, including bank statements (2 months; provide all pages including blank pages), mutual fund statements,
brokerage statements and records of other investments or assets.
→ Canceled checks for rent or mortgage payments
→ Purchase Contract
Other items that may apply:
âś“ Gift letter
âś“ Proof of rental income
✓ Proof of child’s age if child support is counted as income
âś“ Bankruptcy discharge papers
âś“ Copy of divorce decree if applicable
