Preparing for the Lender

Buying a house, you've come to the right place!

Full names of all purchasers as they are to appear on title
Social security numbers of all purchasers
Present residence address for all purchasers
Previous address for all purchasers going back two years if they have not resided in the present home for two years
Home, office and cell phone numbers

Present Employer: Name, address and a contact person to send employment verification form
Explanation for any gap during two-year history
Relocation letter for any transferees, providing date, salary, new location and any relocation benefits
Previous Employer: Name, address and a contact person, going back two years if not in present job two full years
Present Salary: Year to date pay stub and last two years’ W-2s
If any variable income, commission, part-time income, bonus, overtime, interest income, etc., is being used to qualify: Two years’ signed federal tax returns and W-2s and/or 1099s
If self-employed: Two years’ signed federal individual and corporate returns (if applicable), and a profit and loss statement and balance sheet
Diploma or transcript if student during two-year period

Rental Income: Copy of lease, which is current, and at least one year in length
Alimony and Child Support (only if used for qualification): Copy of divorce decree and property settlement (ratified) setting out terms. Proof of payment will also be requested at application.
Income From Notes Held: A copy of the ratified note
Retirement, Social Security and Disability Income: Copy of award letter and latest check showing amount of present payment. Copy of year statement if applicable.

Bank Accounts: Name of bank, address, account numbers, types of accounts and present balances. With checking, use average balances. • Copy of two most recent statements of all accounts
Stocks and Bonds: Copy of certificates or copy of recent (within 30 days) broker statement listing the holdings
Life Insurance: Cash value, only if being used for down payment
Vehicles: Year, make and value. Copy of title if under four years old with no outstanding lien
Real Estate: Address and market value. If free and clear, deed of release, deed or mortgage payoff
Present Home: Copy of sales contract, settlement sheet and/or lease.
Gift Letter: Form will be provided by financial representative. Donor Capacity must be verified. Receipt of funds must be shown in account

Credit Cards: Account numbers and outstanding balances
Loans (Auto, Mortgage, Personal, Student, etc.): Name of institution, address, account numbers, outstanding balances, monthly payments and months left on loan. Copy of next payment coupon. Twelve months of statements or canceled checks for present mortgage. • Alimony and Child Support:
Alimony and Child Support: Copy of Ratified Decree and property settlement setting out terms

Certificate of Eligibility: To obtain certificate, you will need a DD-214 (Separation of Service) or if in the Service, you will need a Statement of Service signed by a Commanding Officer of Personnel Officer (certificate must be updated prior to application).
If in the service, you will need Authorization to Live Off Base (DD-1717 from Housing Office) and Transfer Orders (if applicable).