Documents Needed for a Mortgage Loan Approval

Documents Needed for a Mortgage Loan Approval in Kentucky–

Documents Needed for a Mortgage Loan Approval in Kentucky-You  want a Easy Loan Approva? : Have These Items Ready When You Apply For a Loan

For a Quick Easy Loan Approval:

Have These Items Ready When You Apply For a Loan

Employment

____ Name and address of employers for the past two years

____ Copy of pay stubs for the previous 30 days

____ Copy of last two years w-2 forms (if commissioned or paid by 1099, copy of last two years complete tax returns)

Self-employed

____ Copy of last two years tax returns (personal and corporate); year to date P&L and Balance Sheet through the most recent quarter

Liabilities

____ Name and account numbers for all revolving and installment accounts

____ Name and account number for all mortgage loans for the previous two years

____ Name and address for landlords for the previous two years

Assets

____ Name, address, and account number for all bank accounts

____ Name, address, and account numbers for all brokerage accounts

____ Copies of statements covering last 3 months on asset accounts

____ Copy of most recent statement for 401K, Savings Plan, etc.

Miscellaneous

____ Copy of driver’s license and social security card

____ Copy of fully executed divorce decree if applicable

____ Copy of signed earnest money contract

____ Copy of lease agreements on rental properties

____ Veterans! Copy of DD 214 and Eligibility Cert. if you have it

____ Check for the cost of your credit report and appraisal

• In addition, you will need to pay for a credit report and appraisal of the property

Kentucky FHA Requirements: Your Loan Checklist