Documents to start gathering for the Pre-Approval Process:
1) Personal Information:
Social Security number
Driver's license or other form of identification
2) Employment and Income Documents:
W-2 forms for the past two years
Pay stubs covering the most recent 30-day period
If self-employed, provide tax returns for the past two years and a year-to-date profit and loss statement
3) Financial Documents:
Bank statements for the past two to three months (all pages)
Statements for any other assets, such as retirement accounts or investments
4) Residence History:
Previous addresses for the past two years
5) Gift Letter (if applicable):
If you're receiving a gift for the down payment, a gift letter from the donor may be required
6) Additional Documentation (if applicable):
Divorce decrees or bankruptcy papers
Documentation for other sources of income
7) Certificate of Eligibility and DD-214 (for Veterans Only)