10 Things a Lender Needs From You Apply Now

  1. W-2 forms or business tax return forms if youre self-employed for the last two or three years for every person signing the loan.
  2. Copies of one or more months of pay stubs from every person signing the loan.
  3. Copies of two to four months of bank or credit union statements for both checking and savings accounts.
  4. Copies of personal tax forms for the last two to three years.
  5. Copies of brokerage account statements for two to four months, as well as a list of any other major assets of value, e.g., a boat, RV, or stocks or bonds not held in a brokerage account.
  6. Copies of your most recent 401(k) or other retirement account statement.
  7. Documentation to verify additional income, such as child support, pension, etc.
  8. Account numbers of all your credit cards and the amounts of any outstanding balances.
  9. Lender, loan number, and amount owed on other installment loansstudent loans, car loans, etc.
  10. Addresses where you lived for the last five to seven years, with names of landlords, if appropriate.

Questions about Lendem Financial mortgage loan options? Why you should think about using a mortgage broker vs a bank? Using a Mortgage Loan Officer that has access to all sources of lending institutiuons helps people get the best loan for their situation and offers all options on the market vs the programs at one bank. Call Todd Rubick of Lendem Financial and tell him why the bank said no... If your tax returns do not show your true income, or credit is less than perfect... Full service all source lending strategies will be offered for those that need them.