Real Estate News and More Frequently Asked Questions

ten things a lender needs from you

1. W-2 forms or business tax return forms if you're self-employed for

the last two or three years for every person signing the loan. 

2. Copies of one or more months of pay stubs from every person signing

the loan.
3. Copies of two to four months of bank or credit union statements for both checking and savings accounts. 
4. Copies of personal tax forms for the last two to three years. 
5. Copies of brokerage account statements for two to four months, as well as a list of any other major assets of value, e.g., a boat, RV, or stocks or bonds not held in a brokerage account. 
6. Copies of your most recent 401(k) or other retirement account statement. 
7. Documentation to verify additional income, such as child support, pension, etc. 
8. Account numbers of all your credit cards and the amounts of any outstanding balances. 
9. Lender, loan number, and amount owed on other installment loans-student loans, car loans, etc. 
10. Addresses where you lived for the last five to seven years, with names of landlords, if appropriate.

real estate news


​Specializing in Grosse Pointe, St. Clair Shores

Harrison and Chesterfield Twp, ​Harper Woods

Waterfront Specialist

Site developed by Napa Creative Group 707.304.4668                               Copyright © Turn the  Privacy Policy