What a Lender Must Have From You to Help You Buy Your Monterey Peninsula Home -
10 Things

1. Tax return forms or W-2 forms for your business for the self-employed .Your will need this for at least 2 or3 years and for all people who will be on the loan application.
2. Pay stubs for every person who signs the loan - 2 to 4 months worth.
3. Copies of 2 to 4 months of checking & savings bank statements
4. Copies of your tax forms for at least 2 to 3 years.
5. Brokerage account statements copies for 2 to 4 months, plus a list of any other major assets , stocks, bonds (include those that are not held in a brokerage account) also a boat, RV,
6. IRA's, 401(k) & other statements for retirement accounts..
7. You will need to document any additional income including child support payments, pension income, etc.
8. Credit card account numbers and amounts of any balances.
9. Lender, loan #, & amount you owe on any installment loans such as student loans, auto loans, etc.
10. All addresses for the past 5 to 7 years, with name, phone # & address of landlords.