We’ll need some basic documents before you start looking for a loan. Collect all the information listed below and you’ll be ready to speak to a Mortgage Loan Originator about a mortgage loan. What you’ll need:
- Social Security Number
- Monthly income for you and your co-borrower (most recent pay stub(s) with year-to-date income), includes bonuses, commissions and overtime income for the past two years (this information is on your tax return)
- If you are self-employed, you will need the last two years’ tax returns for the type of business you own: Sole Proprietorship (schedule C), Partnership (Form 1065), or Corporation (Form 1120 or 1120s). In addition, the last two years’ personal tax returns (including K-1s).
- Property address for purchase
- Amount you would like to borrow