First-Time Homebuyer Checklist
If this is your first time applying for a home loan or you simply need a refresher, this checklist can help you gather the documents once you’ve decided to proceed with the loan.
- Employment Income Verification
- Last two years of W-2 statements and a consecutive 30 days of paystubs including year-to-date earnings
- Proof of additional income earnings – Social Security, Child Support, Alimony
- Current and prior year Personal Federal Tax Returns
- (If Self-Employed) Business Federal Tax Returns, all pages and schedules with Year-to-date Profit and Loss Statement
- Asset Verification
- Last three months of your checking, savings, and investment statements
- Collateral
- Signed sales contract and any addendums on the purchase of the home
- Name and telephone number of insurance agent
- Title company or settlement name and contact info
- Copy of Earnest Money Check
- Legal
- Copy of Photo ID and/or Permanent Resident Alien card – if applicable
- Copy of Revocable Trust - if applicable
- Copy of recorded Divorce Decree - if applicable
No verification items are needed to receive a loan estimate.