Mary Bowen

 Getting a home loan can be a frustrating and time consuming process. It is a daunting process and you may feel like you are at the mercy of the mortgage company. However, a little preparation, a few simple steps and the right home lender can make all the difference. To help make it easier, I prepared a list of things you will need for the process. 

Employment and Income

• Two years employment history including job titles, dates of employment, employers address and phone number
• Letter of explanation of and employment changes in the past two years
• Most recent 30 days of pay stubs
• Last 2 years of W-2s
• Last two years of tax returns including all W-2s, 1099, K1 and all schedules

Residential Information

• Two years of residential information, including landlord if renting
• Most recent mortgage statement if you own a home Name and number of insurance agent

Banking and Finances

• Two most recent  months of statements for all checking, savings, and investment accounts, including blank pages.
• Two most recent  months of 401K/retirement statements
• Copy of cleared earnest money check and bank statement showing the check clearing
• All non payroll deposits will need to be verified, including transfer between accounts

Other Items that Might Be Required

• Complete divorce decree
• Alimony/Child Support income: proof of receipt
• Bankruptcy discharge papers, including filings, discharge and list of creditors
• Retirement or Social Security Income: award letter and proof of receipt
• VA loan: DD214 and Certificate of Eligibility.

While obtaining a home loan is never fun, having the above items gathered and the right lender can make it a less stressful process. If you are in the market to buy a home in The Woodlands, contact us at (281)732-5937 and I can help you find the perfect home for your family and guide you through the process from loan application to closing day. My experience, education, and connections will streamline the process for you.