He’s going to together with perform a credit assessment and ask for a number out-of data so you’re able to present their identity, determine your creditworthiness, and check if you’ve got the currency or readily available assets to own a down-payment and you can closing costs.

• Driver’s license (or Western passport)
• Societal protection matter otherwise credit (or green card, if you aren’t a citizen)
• Confirmation of cash: 30-two months property value shell out stubs and you can proof of any extra earnings, W-dos models and you may tax statements regarding the earlier in the day 24 months (including corporate tax statements and lender statements for people who individual an effective business)
• Confirmation regarding assets: numerous months’ worth of financial and you may money account comments (such as for instance 401K or brokerage account comments), also a gift letter if someone else was providing the cash towards the deposit and you may cannot be prepared to be distributed right back

The lending company might telephone call your boss to confirm your status, and acquire your credit rating and you will credit reports. Continue reading →