Loan Aps: What You Need

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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