North Dallas Real Estate loan application requirements

Call me for your home search or listing information.

214-336-7088

Loan Application Requirements

After you find the home you want to buy and a contract has been negotiated, it is then time to apply for your home loan. You will need the listed items below plus any additional documents the lender indicates for the application.

A signed copy of the earnest money contract.
The address of the last two years residency, name of the land lord and phone number, or the mortgage company name and address along with the loan number
Social Security Number, for everyone participating in the loan. Have the W-2 and 1099 forms for two years.
Pay stubs for at least the last 30 days.
The last two month statements for all checking, savings, and investment accounts including stocks and bonds along with account numbers and addresses.
A list of all creditors and liabilities with names addresses and account numbers, monthly payments and balances.
Any information on real estate you already own aside from your current homestead. This includes rental property.
A certificate of Eligibility, DD 214, or statement of service, if you intend to apply for a VA loan.
Required application fee.
If you are self employed, you will need to supply a few other items when you apply.
Each loan company may have slightly different requirements so don’t be surprised if addition documentation.
You will be required to disclose the source of the down-payment. these funds can not be loaned to you but some banks still allow the money to be gifted to the buyer if proof of the origination can be identified. You will need to supply the name, address and relationship of donor for verification.

Jay A Hendrick
William Davis Realty

8856 Coleman Blvd

Frisco, Texas 75034
Cell: 214-336-7088
Voice/Fax: 972-248-5991
E-mail: jay@realestatedal.com

Website: www.RealEstateDal.com

Website: www.ForeclosuresFrisco.com
Member: NAR TAR CCAR ABR SFR

William Davis- Real Estate Agent

We serve Allen, McKinney, Prosper, Frisco, Plano, Lewisville, The Colony, Sachse, Wylie, Murphy, Richardson, Carrollton, Flower Mound, Coppell, along with many other areas around DFW.