|
Application Essentials
Speeding
up the Process
|
|
1 of 3 Application Essentials
|
 |
In order to expedite the loan process and to close
as quickly as possible, it is best to have the following items at
close hand:
- The final purchase contract for the house (if applicable).
- Each applicant's pay stubs showing earnings for the last 30
days and year-to-date earnings.
- The previous year's W2 and 1099 for each applicant. If
self-employed, personal
and business tax returns for the previous two years and your
company's year-to-date Profit and Loss statement may be
required.
- Account numbers for all bank accounts and
statements for the past two months.
- Information about debts, including loan and credit card
account numbers and the names of your creditors.
- Evidence of mortgage or rental payments, such as canceled
checks.
- An irrevocable gift letter if receiving a monetary
gift from a relative.
|
