Loan Aps: What You Need
3 months’ bank statements
Copy of HUD
Settlement Statement on recent home sale
Gift letter; donor’s bank statement; copy of gift check; copy of deposit receipt
Explanations for late payments; credit inquiries in the last 90 days; charge-offs; collections; judgments; liens
bankruptcy papers within 7 years
Copy of Social Security Card and driver’s license
Last 2 years’ W2 forms
Pay stubs
Last 2 years’ 1040’s if self-employed; capital gains; interest income; 25% of your income is commissions/bonuses; own rental property
Y-T-D P&L Statement if self employed
Corporate or Partnership tax returns (if you own more than 25% of a business)
Copy of purchase agreement (if you have already made an offer)
Receipt for child support payments
l Copy of Divorce Settlement