Documents You Will Need To Take To A Mortgage Loan Application
Manassas Park home buyers: If you are looking to buy or refinance a home in Manassas Park or the Norhtern Virginia area here is a list of documents that you will need to provide to the loan officer. Being prepared is half the battle in the process of obtaining a mortgage and makes the process go a lot smoother and quicker.
_______ Copies of W-2 from the last 2 years
_______ Copies of your pay stubs for last 4 weeks
_______ Employer business address and phone number to verify employment
ADDRESS_______________________________Phone # ______________
ADDRESS______________________________ Phone # ______________
_______ Bank statements for last 2 months (all pages)
_______ Statements for Investment accounts for the last 2 months (all pages including the blank page)
_______ Statements for 401K, mutals funds, CD, savings … last 2 months (all pages including the blank page)
_______ Mortgage statement for 1st trust (if you are refinancing)
_______ Mortgage statement for 2nd trust or line of credit ( if applicable )
_______ Copy of your HOA statement
HOA address__________________________________Phone # ____________
(so the bank can verify amount) If applies
_______ Copy of your driver license – front & back
_______ Copy of lease (for investment properties)
_______ Copy of mortgage statement for investment property (if applies)
_______ Copy of Homeowners Insurance policy (if refinancing) or One Year paid receipt
_______ Name & phone # of the company for your homeowners insurance.
_______ VA Certificate of Eligibility ( if applicable )
_______ Divorce decree, separation agreement, property settlement ( if applies)
_______ Copy of the contract if this is for a purchase.
Self Employed or Commission borrowers need to provide:
_______ Copy of 1099 and / or W-2
_______ Copy of Tax Return for 2 years
_______ Year to date Profit & Loss Statement
_______ Business License
**Statements need to have account #, your name and property address or primary home address***
Depending on your financial situation there may be additional Documents You Will Need To Take To A Mortgage Loan Applicationthat are required by the lender you are trying to obtain a mortgage with. Most lenders will also require that you you pay in advance for the credit report and appraisal fee.
Thanks for taking the time to read my blog. If you have a real estate question or a suggestion for a blog? Send me an email at Home4Sale@mris.com
Susan Jacobs-The Jacobs Team
Prudential Pen Fed Realty
2012 Winner "Best Real Estate Agent" in Patch's Readers' Choice competition!
Prince William Chamber of Commerce "Member of the Year 2011"
Your Prince William RealEstate Expert for 20+ years. Let us put our Expertise to work for YOU!
Licensed Real Estate Broker in the Commonwealth of Virginia.