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Loan application
requirements
When you find
the foreclosure you want and we have negotiated the best deal to
obtain a ratified contract, it is then time to apply for the loan. You
will need the listed items below for the application.
1
A signed copy of the earnest money contract.
2
The address of the last two years residency, name of the land lord and
phone number, or the mortgage company name and address along with the
loan number
3
The names, phone numbers and addresses for the last two years. Have
the W-2 and 1099 forms for two years.
4
Pay stubs for at least the last 30 days.
5
The last two month statements for all checking, savings, and
investment accounts.
6
A list of all liabilities with account numbers, monthly payments and
balances.
7
Any information on real estate you already own aside from your current
homestead. This includes rental property.
8
A certificate of Eligibility, DD 214, or statement of service, if you
intend to apply for a VA loan.
9
Required application fee.
10 If
you are self employed, you will need to supply a few other items when
you apply.
11
Each loan company may have slightly different requirements so don’t be
surprised if addition documentation is asked for.
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