Documents & Information most lenders required for a loan application

DOCUMENTS

INFORMATION

1. Most recent 2 years W-2 forms, (or 1099's if S/E*) 1. I.D. and Social Security #.
2. Most recent 2 years filed Federal Tax Return, 1040's. 2. Two-years of residence history.
3. Most recent  paycheck stubs-Less than 30-days old. 3. Two-years employment history.
4. Most recent 3-months bank statements. 4. If renting, landlord information.
5. Year-to-date profit & loss statement & balance sheet.* 5. Real Estate owned information.
6. Bankruptcy papers, discharge & all schedules (if appl.) 6. List of outstanding debts.
* Applicable, if self employed or commissions