Here’s what we had to bring:
- Most recent pay stubs covering a 30 day period
- 2012 and 2013 W-2s and 1099 if applicable
- 2011 and 2012 tax returns signed and dated. If we had 2013, then we could use that instead of 2011.
- Most recent 2 months bank statements (all pages with name and account numbers on the statement) for any checking, savings, money market accounts or CD’s.
- If you hold a joint bank account with anyone who is not on the mortgage loan, please provide a letter signed and dated by the account holder stating that you have access to the funds in the account.
- Most recent retirement account statements (all pages with name and account numbers on the statement) for any 401k, thrift savings, IRA, stocks, bonds, mutual funds, etc.
- Most recent mortgage statement. If taxes and insurance are not escrowed, please also provide a copy of your most recent tax bill and homeowner’s declaration page showing premium amount.
- If you are not selling your current home, please provide a signed and dated letter of intent stating what you plan to do with it (rent it, etc).
- Sidenote – we had to do this because we were approved to keep our current home and purchase the new home. We placed a non-contingent offer in the hopes that with our house going on the market on April, we would be able to sell it by October.
More to come in Part 2!
Did you have to bring everything listed above? Did I miss anything?