Tag Archives: bank statements

What paperwork is needed for a Mortgage Loan Pre-Approval in Kentucky?


What Paperwork Will I Need? Minimum Documentation List Last 30 days pay stubs for all borrowers Last 2 years w2 statement for all borrowers Last 2 years tax returns, all schedules Minimum: Verbal of source cash to close will come from (assets, gift, equity) Additional Documentation – Verbal of balances ok to start Last 60 days […]
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Bank Statement Basics for A Kentucky Mortgage Loan Approval for USDA, KHC, FHA, VA, Fannie Mae and Rural Housing Mortgage Loans


Bank Statement Basics for A Kentucky Mortgage Loan Approval for USDA, KHC, FHA, VA, Fannie Mae and Rural Housing Mortgage Loans Bank statements provide a wealth of information regarding the borrower’s spending habits, monthly obligations, and income. We utilize the bank statements to verify the amount of liquid or non-liquid funds that are available for […]
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The Biggest Mistake Consumers Make When Taking Out a Home Loan


The Biggest Mistake Consumers Make When Taking Out a Home   Loan.   Bank Statements Don’t Reveal the Whole Picture Bank statements show the funds in your account, but whether these funds are legitimate is another question indeed. And cash deposits that are inconsistent with your banking history will be under the lender’s magnifying glass. […]
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