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Orlando real estate - Buyer tips

10 Things a Lender Needs From You

1. W-2 forms or business tax return forms if you're self-employed for the last two or three years for every person signing the loan.

2. Copies of one or more months of pay stubs from every person signing the loan.

3. Copies of two to four months of bank or credit union statements for both checking and savings accounts.

4. Copies of personal tax forms for the last two to three years.

5. Copies of brokerage account statements for two to four months, as well as a list of any other major assets of value, e.g., a boat, RV, or stocks or bonds not held in a brokerage account.

6. Copies of your most recent 401(k) or other retirement account statement.

7. Documentation to verify additional income, such as child support, pension, etc.

8. Account numbers of all your credit cards and the amounts of any outstanding balances.

9. Lender, loan number, and amount owed on other installment loans-student loans, car loans, etc.

10. Addresses where you lived for the last five to seven years, with names of landlords, if appropriate.

 

 

 

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Copyright 2005 - Malte Strauss -  office phone 800-771-0031 extension 298  -  direct line 407-416-9659 - fax 407-650-2769 
All information believed to be correct but not guaranteed. Usage of information at your own risk. Southern Realty Enterprises, Inc. is an Equal Opportunity Company. equalhous.gif (1822 bytes) Equal Housing Opportunity. Each office is independently owned and operated.