Navigating the Maze of Financial Documents: Your Guide to Securing a Home Loan

Provide your loan officer with the documentation below to begin the application process. Disregard the items that do not apply to you. Additional items may be required based on your loan application.

Greetings, future homeowners! The road to your dream home might seem overwhelming, but fear not – the Garza Home Team at RE/MAX North San Antonio is here with a detailed roadmap. Let’s delve into the intricacies of the essential financial documents you’ll need to secure your ideal home.

Employment/Income Documentation:

• Pay Stubs: Covering a 30-day period, these provide a snapshot of your regular income.
• Tax Returns (2 Years): Include all pages and schedules; your loan officer will advise if these are necessary.
• Awards Letter: If you have fixed income sources like VA Benefits, SSI, or Retirement, provide the most recent Awards letter.

Asset Verification:

• Bank and Investment Statements: The two most recent statements, including all pages (even blank ones), are crucial. Clear documentation of your assets is essential for your application.

Miscellaneous Details:

• Divorce Decree: Include all pages of the final signed Divorce Decree if applicable.
• Child Support: If paying child support, provide all pages of the final divorce decree or the most recent Court Order indicating the current payment amount.
• Military Personnel: Active duty? Include PCS orders if applicable. For veterans, provide DD214 and Form 4 if using VA financing. If active duty, a Statement of Service is necessary.
• Identification and IRS Authorization: A copy of your unexpired driver’s license and green card (if applicable) is needed. Sign and complete IRS Form 4506T, ensuring your details match IRS filed returns.
• Borrowers Authorization: Your signed authorization allows the lender to access your credit report.
• Insurance Details: Provide the name and phone number of your chosen insurance agent for Homeowner’s Insurance.
• Clarifications: If there are recent bank overdrafts, bankruptcy, foreclosure, short-sale, gifted funds, or unpaid judgments in your history, discuss these with your loan officer for guidance.

Why Choose Us: The Garza Home Team at RE/MAX North San Antonio offers more than just guidance; we provide a personalized experience. Our team understands the nuances of each document, ensuring your application is seamless and stress-free.

Ready to start this exciting journey? Contact us today! Our expert advice and dedicated support await, making your dream home closer than ever. 

We are enthusiastic about the prospect of helping you and your family secure your dream home. Let’s get started on this exciting adventure together!