Loan Aps: What You Need

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Real Estate

Many clients have asked what they need to bring to the bank in order to obtain a home loan.

These are some of  the necessary things you will need to start the process.

  •   2 months’ bank statements on all accounts, including 401k  
  •   Most current pay check stubs showing the last 30 days
  •    Last two years’ W2 forms
  •    Federal tax returns (1040’s) for the last two years
  •    If you are renting, please have name, address and telephone number for each landlord during the past 2 years.
  • Current photo ID - Driver's License will work

 If  you are self-employed:

  •  Year-to-Date Profit and Loss Statement
  •  Corporate or Partnership tax returns (if you own more than 25% of a business)

If you are Divorced or have Child Support Payments:

  •  Receipt for child support payments
  •  Copy of Divorce Settlement - all pages

These documents are a start for the process but your loan officer will review and may ask for additional items.