Here is a list of paperwork need to purchase a new home and what is required for a Home Loan:
• For each person on the loan you will need to have at least the last two to three years of your W-2 forms.
• Three years of federal tax return statements.
• Three months of pay stubs for every name on the loan.
• Three to six months of bank statements for both checking and saving accounts.
• Address of all loans and credit cards along with their account numbers, and balances.
• If you have any installment loans such as a car loan or student loan you will need to provide the loan number, the lenders name and the loan balances.
• If you have any other form of income you will need to bring documentation to prove such additional income.
• Last three months of any IRA, 401K, 403B accounts.
• Three months of any brokerage statements such as stock and bond certificates.