When applying for a loan, it’s a good idea to get prepared.  You will need the following information along with your application to submit to your Loan Officer;

• Application
• Last year’s W-2s for each borrower.
• Most recent paystubs covering one complete month for each borrower.
• Most recent bank statements.
• A copy of the Purchase Contract (if applicable).

Self-employed borrowers will also need the following information:

• Last 2 years signed tax returns, including all schedules.
• Corporation or Partnership, last 2 year’s tax returns including K-1.