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Home Loan Checklist
Most lenders need the following
to approve home loans:
- Copy of earnest
money contract
- Copy of Social
Security Cards and picture ID such as Drivers License
- Residence addresses
for past two years; landlord addresses and phone numbers
- Name and address of
employers for the past 2 years with W-2's, 1099's etc.
- Last pay stub
showing gross monthly salary and all deductions for one month period
- Names, address,
account #'s and balances of all checking and savings accounts
- Last 3 statements
on all checking, savings, investments, IRA etc. accounts
- Names addressses,
account #'s, balances and monthly payments on all debts
- Addresses, loan
info and lease agreements on all other real estate owned
- Estimated value of
all furniture, clothing, jewelry and other personal property
- Face value of life
insurance, retirement account, profit sharing account and cash value
- Certificate of
eligibility and/or DD214 and/or a statement of services for VA loans
- Money for appraisal
and credit report
- If self employed, 2
years tax records with all schedules, YTD P&L statement with balance
prepared by CPA
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