You should prepare the following for all borrowers on mortgage application:
- 1 month of most recent pay stubs
- 2 years of most recent W2s
- 2 years of most recent Federal tax returns (all pages, all schedules)
- Information regarding employment (if less than 2 years at current job, please include previous job or school to complete a 2 year history). For each job please include:
- Official position / title
- Business name of the institution
- Full address of the institution
- Telephone number to HR for verification of employment
- Dates of employment (from-to)
- Current residential address (if less than 2 years at current address, include previous address information to complete a 2 year history), For each address please include:
- Dates (from-to)
- Indicate if owned or rented
- Indicate mortgage payment, annual real estate taxes, and hazard insurance (if rent, indicate monthly rent)
- If mortgage present, please include latest mortgage statement (all pages)
- Current contact telephone number
- 2 most recent bank statements (all pages, even blank!) showing liquid assets available for down payment and reserves (checking, savings, 401K, IRA, stocks, bonds, etc.)
- We will also need to check your credit history.