If you know what you will need before you apply for a loan, it will help the application process move faster if you have compiled the following as deemed necessary:
1. W-2 (2 years) and 1 month's current paystub. 2. Landlord's name and address for the past 2 years 3. Employer's name and address for the past 2 years 4. Purchase Agreement (the contract) and Deed if re-financing 5. Names of Banks and all Account Numbers 6. Bank Statements from the most recent 3 months for all accounts. 7. 12 months of Canceled Checks for the mortgage or rent. 8. Check for the Application Fee and Rate Lock 9. If you are Self-Employed; Tax Returns for the last 2 years with all Schedules, YTD, P&L. 10. Green Card if you are a Resident Alien. 11. Social Security Card and License for FHA loan. 12. Legal Description of Property for FHA and VA loans. 13. Certificate of Eligibility for VA loans. 14. Account numbers, Addresses, Balances and Monthly Payments on all Open Loans.
Lark Logan, Realtor, ePro, Licensed in the Commonwealth of Virginia Long & Foster Realtors, Inc. - Village of Midlothian Sales: 1100 Jefferson Green Circle, Midlothian, VA 23113 Office/Page: 804-794-9650...E-mail: Lark@LarkLogan.com