Purchasing a New Home? Here is a list of items needed for your loan application.

Before you start searching for that new home you should always first get a pre-approval.  It should be free, and they can make things much easier when you start your home search.  When you first meet with your Hisey Group, Howard Hanna agent bring it with you.

Now you've found your perfect home.  What will you need when applying for your mortgage?

Bring the following:

1. Fully executed purchase agreement, including ALL addenda.  Fully executed means that it has been accepted by both parties, and everyone has signed off on the terms.
2. The application fee for your appraisal and credit report.
3. Your most recent pay stub showing year to date earnings.  Yes - if you have more than one job bring them all.  Yes - if more than one person is applying for the loan you will all need to bring all of your pay stubs : )
4. All pages of your most recent 401k, IRA and/or retirement statements.
5. Your past two years W-2 forms and federal tax returns.  
6. Prior two months statements for savings, checking and investment accounts.  Bring all pages, not just a page with totals.
7. Photo I.D. and Social Security Cards for everyone applying for the loan.

You may also be required to bring the following:

• Past year's cancelled checks for mortgage or rent payments.
• Documentation of all outstanding loans, lines of credit, credit cards or any other outstanding debt.
• Documentation of other income sources that you would like to have considered in the repayment of your loan.
• You may be required to provide full copies of the following (if applicable):
• Divorce Decree
• Bankruptcy Petition and Discharge
• 12 Month print out of child support.
• 
  

If you are ready to move to the next step in your North Central Ohio home search contact me today at 440-315-6000 or LeeHisey@howardhanna.com.  

www.HiseyGroup.com