How Do I Qualify For a Loan

/How Do I Qualify For a Loan
How Do I Qualify For a Loan2019-01-22T23:46:33+00:00

Contact one of our real estate professionals for a list of reputable lenders in your area.

The following information is usually required during the loan process:

  • Social Security Card (both borrowers)
  • Copy of Driver’s license (both borrowers)
  • Current pay stubs covering 30 days (showing YTD earnings, name and SS number)
  • Last 2 years of W-2s
  • If self employed, your tax returns for the past two years
  • Transcript or Diploma (if you were a student in the last two years)
  • Award Letter & most recent check (if you receive SS, retirement or disability income)
  • 2 year Residence History (if renting, Landlord’s name and phone number)
  • Bank statements for the past two months
  • Investment and/or retirement account statements for the past two months
  • Divorce Decree (if you pay/receive child support or alimony)
  • Credit card, auto loan and personal loan account information
  • Relocation Agreement if applicable
  • Bankruptcy and Discharge papers if applicable
  • VA loan – Original Certificate of Eligibility and DD214

If you currently own Real Estate:

  • Mortgage account information
  • Home insurance policy information
  • Copy of Sales Contract & Settlement Statement (when available, if you are selling your present home )