Loan Aps: What You Need

Real Estate

LOAN APPLICATIONS:  WHAT YOU WILL NEED:

 

12 MONTHS' BANK STATEMENTS FOR ALL OF YOUR ACCOUNTS.  THIS INCLUDES RETIREMENTS, AND 401K

COPY OF HUD1 SETTLEMENT STATEMENT ON RECENT SALES OF HOMES, GIFT LETTER (FOR FUNDS FROM FAMILY MEMBERS); DONOR'S BANK STATEMENT, COPY OF GIFT CHECK; COPY OF DEPOSIT RECEIPT. 

CONTACT INFORMATION FOR YOUR CURRENT LANDLORD; NAME, ADDRESS AND PHONE NUMBER

EXPLANATIONS FOR LATE PAYMENTS, CREDIT INQUIRIES IN THE LAST 90 DAYS, CHARGE-OFFS, COLLECTIONS, JUDGMENTS, AND LIENS

COPY OF BANKRUPTCY PAPERS FILED WITHIN THE LAST SEVEN YEARS 

COPY OF SOCIAL SECURITY CARD AND DRIVER'S LICENSE

LAST TWO YEARS OF FEDERAL TAX RETURNS 

CURRENT PAY STUB FOR THE LAST 30 DAYS

FOR SELF EMPLOYED APPLICANTS THE YEAR TO DATE PROFIT AND LOSS STATEMENT 

IF YOU OWN MORE THAN  25% OF A BUSINESS, PROVIDE A CORPORATE OR PARTNERSHIP TAX RETURN 

COPY OF PURCHASE (IF YOU HAVE ALREADY MADE AN OFFER)

IF YOU RECEIVE OR PAY CHILD SUPPORT, PROVIDE A COPY OF THE CURRENT COURT ORDER

AND IF DIVORCED IN THE LAST TWO YEARS, A COPY OF YOUR DIVORCE DECREE. 

GOOD LUCK!!  CALL ME IF YOU HAVE ANY QUESTIONS. 

MAHALO