You’ll need to provide our office with your two most recent paycheck stubs. They help show lenders that you have stable, consistent income and therefore just how much of a home loan you can afford.
Be sure to have bank statements ready for any accounts you have, including checking and saving. Lenders want to be able to see stability in your accounts and that you maintain a positive balance, in addition to other things.
You’ll need to have full federal tax return documents—including both W2s and 1099s—for the last two years. Again, these documents show your annual income, job stability, and so on.
Make sure your driver’s license is up to date and that you have it readily available.
If you have an insurance card or other proof of insurance, be sure to include that. We’ll need to make sure it has the name and contact info for your insurance agent.
These five documents are must-haves no matter how many times you’ve purchased a home or your financial situation. However, a few additional documents some people must also provide (depending on the situation) include:
Have questions about these documents? Maybe you want more information on getting pre-approved for a home loan or your loan options? No matter what questions you might have or what next step you need to take, the mortgage professionals at GVC Mortgage are ready to serve you. To schedule a consultation, contact us anytime at (317) 564-4906.
photo credit: public domain via pixabay
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