Needed for Pre-Qualification Letter (to be submitted with offer)

Bank will run a credit check, collect documentation (bank statements, pay stubs, tax returns, etc) and issue a letter stating approved purchase price

Needed for Final Qualification (after you go under contract)

For all Loans, please provide:

• A history of your last two (2) years of residence (with landlord address and phone number, if applicable.
• A history of your last two (2) years of employment (with employer address and phone number).
• a copy of each borrower's picture ID (driver's license or passport) and Social Security card.
• A signed and dated sales contract with all the amendments and attachments.  Include waivers and objections.
• A check for appraisal.
• Copy of all inspections.

If you are self-employed, also include:

• Last two (2) years signed Federal Income Tax Returns complete with all schedules, all pages, all entities, all K-1's.
• A year-to-date Profit and Loss statement.
• A current Balance Sheet.

If you are applying for a VA loan, click here:   lcmove.net/valenders

If you are applying for a NMFA First-Time Home Buyer loan, also include:

• Last three (3) years of signed Federal Income Tax Returns (complete with all schedules and W-2's).
• A history of your last three (3) years of residence (with landlord address and phone number).
• A history of your last three (3) years employment (with employer address and phone number).

Other documents that may apply:

• If you own any rental property, provide the rental agreement for each property, hazard insurance, property taxes and mortgage statements.
• A copy of any divorce decree and/or child support order, required court ordered documents and proof of all ages of children.
• Bankruptcy papers (all pages), Discharge Certificate, and letter of explanation.
• Survey of property, if refinancing.
• Current mortgage statement on property, if refinancing.

If you are applying for a Construction loan, also include:

• Plans and specs.
• Signed contract with builder.
• Contract on land.