You’re considering buying your first Indiana home and are looking into your mortgage financing options. Then, your mortgage broker begins to talk about how you will require “PMI” and how those three little letters add to your monthly mortgage costs. What exactly is PMI? Homebuyers who don’t have at least a 20 percent down payment […]
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Required Documents
- 2 most recent paycheck stubs
- 2 months of bank statements (checking, savings, etc.)
- 2 years full federal tax returns (including W-2s and 1099s)
- Copy of your driver’s license
- Insurance agent contact information
If applicable, the following items will also be needed
- Divorce decree
- Bankruptcy papers
- Proof of child support
- Awards letter (social security and pension)