Ten Things a Lender Needs from You

  1. W-2 forms or business tax return forms if your self-employed for the last two or three years for every person signing the loan.
  2. Copies of one or more months of pay stubs for every person signing the loan.
  3. Copies of two to four months of bank or credit union statements for both checking and savings accounts.
  4. Copies of personal tax forms for the last two to three years.
  5. Copies of brokerage account statements for two to four months, as well as a list of any other major assets of value, e.g., a boat, RV, or stocks or bonds not held in a brokerage account. .
  6. Copies of your most recent 401(k) or other retirement account statement.
  7. Documentation to verify additional income, such as child support, pension, etc.
  8. Account numbers of all your credit cards and the amounts of any outstanding balances
  9. Lender, loan number, and amount owed on other installment loans—student loans, car loans, etc.
  10. Addresses where you lived for the last five to seven years, with names of landlords if appropriate.

Reprinted from REALTOR® Magazine Online by permission of the NATIONAL ASSOCIATION OF REALTORS®. Copyright 2003. All rights reserved.

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A new look for a long standing career.  Diane C Butler has been in the real estate business for the past 27 years and has extensive knowledge of the local market place. Helping to serve the NY and PA communities with personal hands on full service real estate.

Here at Diane C Butler Real Estate , no question is too small or problem too big. We are here to help through the complicated process of marketing your most valuable asset....your home and your family's investment.

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