Uncategorized February 13, 2020

Documents You Need For a Home Loan

Depending on your unique situation, there are several documents you’ll need when you apply for a home loan. The exact forms you need for a home loan depend on your situation. For example, someone who is self-employed will likely have to provide different forms than someone who is employed by a company.

Although the exact forms might vary, a lender can get a good sense of your approval odds by reviewing the following and running a credit check.

  • 2 years of tax returns and W2’s
  • Most recent bank statements, all accounts
  • Most recent pay stub (minimum 30 days)
  • If self-employed, 1099s and copy of business license
  • Rental history or mortgage statement
  • Divorce Decree or separation agreement
  • Explanation of any inquires on credit report
  • Drivers License