Here is a list of information and documents you will need when you apply for a home loan:
- Copy of the Purchase and Sale Agreement
- Your present mortgage information (or 12 months rental history)
- Two years history of employment and verification of all income sources
- If self-employed, copies of past two years income tax return and year to date profit and loss
- Two months checking, savings and investment account information verifying your liquid assets
- Name, account number and outstanding balance of each of your debts
- Information regarding any other income to be used
- Information regarding any other assets that will be used as funds to close
- If you’re applying for a VA loan, you need a Certificate of Eligibility or DD-214 form
- If you are a relocating employee, include relocation information and copy of offer, promissory note and copy of check on bridge loan
- Two pieces of ID, such as your driver’s license or passport and social security card