A few weeks ago, I addressed what a pre-approval is and I also informed you that we will need supporting loan documents.
Even though every scenario is different the majority of the time the following documents that will be needed for every loan.
- Most recent two years of tax returns and W2’s
- 30 day pay stubs showing Year to Date
- Most recent 60 days of Bank Statements and any assets being used for qualification purposes.
- Also, during this time we will need copies of two forms of ID. This can either be a Driver’s License, Passport, or a Social Security Card.
If you are a self employed, you will also need to supply two years of 1099’s, business tax returns and that years P&L Statement.