FINANCING

Pre-Approval Checklist

Here’s an overview of some documents typically required for a loan. However, some requirements below may not apply to you or some additional items may also be requested.

Identity and Income

  1. Valid driver’s license or government-issued photo identification.

  2. W-2s from last 2 years.

  3. Federal tax returns from last two years.

  4. Most recent 30 days paystubs.

If self-employed

  1. Corporate returns from last two years.

  2. Partnership returns from the last two years.

  3. Schedule K-1s from the last two years.

If retired

  1. Social security/pension award letter

  2. Proof of IRA/401K distribution

  3. 1099s from the last two years.

Personal Assets

  1. Bank statements for all accounts from the last two months.

  2. Investment/401k statements from the last two months.

Property Information

  1. Property tax bill.

  2. Homeowner’s insurance declaration page or insurance agent’s name and number.

  3. HOA documentation if the property has dues.

  4. Most recent mortgage statement.

  5. Rental agreement if any properties are rented.

  6. Copy of mortgage note/agreement for HELOC or second mortgage. VA Loans - Certificate of Eligibility and DD214 Form.