Check out this great info of the documentation that first time home buyers will need for their loan application.
*2 years most recently filed tax returns
*2 years most recent W2’s 1099’s that correspond with tax returns
*30 days of most current paystubs for all borrowers
*60 days of bank statements for all borrowers showing payroll deposit
Other items you might need: divorce agreement, bankruptcy papers, other properties owned, contract for home purchase, employment verification, land contract, DD214 member for all VA loans, etc.
For more info, you can contact a senior loan officer like Wes Whitehead at Mortgage investors Group 865-719-5841
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