In general, the documentation you will need includes:
Check for application fee
Property Information (if you already have a contract on a house)
Purchase Agreement.
Copy of legal description and MLS sheet.
If you are selling your current home, copy of listing contract.
If you have sold your current home, copy of settlement statement (HUD-1).
Income & Assets
Pay stubs for the last 30 days.
For the past two years:
Names and addresses of each employer.
W-2s
Statements for each bank, mutual fund, and/or investment account for the last three months.
Estimated value of personal property and furniture.
If you have made any large deposits to your accounts:
Explanation and source for deposit.
If large deposit was a gift:
Signed gift letter (lender can supply).
Copy of gift check.
Copy of deposit receipt.
If you own more than 25% of a business:
Corporate or partnership tax returns.
If self-employed:
Tax returns for the last three years (with schedules).
Year-to-Date Profit and Loss Statement prepared by an accountant.
If you own rental property:
Tax returns for the last two years and current rental agreements.
If you are retired:
Pension Award Letter.
If you receive Social Security:
Social Security Award Letter.
If you are counting child support as income:
Copy of divorce settlement.
Copy of twelve months of cancelled child support checks.
Debts
Names, addresses, account numbers, balances and monthly payments on all current loans.
Explanation of credit report anomalies, including:
Late payments, credit inquiries in the last 90 days, charge-offs, collections, judgments and/or liens.
Bankruptcy filed within last seven years (bring a copy of your bankruptcy papers).
VA Loans
Copy of DD Form 214, Report of Separation.
Miscellaneous
Photo ID and proof of Social Security number.
Residence addresses for the past two years.
If applicable, a copy of your divorce decree.
If you are not a citizen, a copy of the front and back of your green card.
The Palm Coast Home Team provides Palm Coast Florida Real Estate information and resources to help guide homeowners and homebuyers through the process of selling and buying a house, condo or other Palm Coast FL Real Estate property. We are here to help you get the full value of your Palm Coast home and can proivide a free comparative market analysis (CMA). On this website view Palm Coast MLS listings, and more.
We can also provide references to financial-related service providers for consumers looking for houses for sale or selling their home in other areas of Florida, such as mortgages, credit history, new homes, foreclosures and other services. If you plan to do for sale by owner (FSBO), We are professional Palm Coast Florida Real Estate agents and can help you buy or sell a home. Whether you say REALTOR®, "Realter" or "Realator", realty, "reality" or "realety", real estate or "realestate", we speak your language. Click here to contact us for more information about Palm Coast Florida Real Estate!
