A lenders check list to buying Carson Valley Real Estate

This is just a sample of what most lenders will require to get your loan approval. Lenders will vary as to what they may need at the start of the approval process so just be prepared to supply them with what they ask for.

 They may ask for additional information when they are just about approve your loan, this is normal and is know as “Conditions prior to final loan approval”  they will need you to supply the documentation prior to giving you the loan approval you need to fund your loan.

Keep In mind its always a good idea to work with a established well known lender, if you have worked with someone in the past and you had a good experience that’s a good place to start. If you are a first time buyer or relocating to a new state or area you not familiar with it may be a good time ask the Realtor you are working with to give you a referral. 

• 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

• Copies of at least one pay stub for each person signing the loan.

• Account numbers of all your credit cards and the amounts for any outstanding balances.

• Copies of two to four months of bank or credit union statements for both checking and savings accounts.

• Lender, loan number, and amount owed on other installment loans, such as student loans and car loans.

• Addresses where you’ve lived for the last five to seven years, with names of landlords if appropriate.

• Copies of brokerage account statements for two to four months, as well as a list of any other major assets of value, such as boat, RV, stocks or bonds not held in a brokerage account.

• Copies of your most recent 401(k) or other retirement account statement.

• Documentation to verify additional income, such as child support or a pension.

• Copies of personal tax forms for the last two to three years.

 If you are planning to move to the Northern Nevada or Carson Valley area to make your next real estate purchase give me a call I always have three of the top lenders in the area that I have built a sold working relationship with. I would be happy to tell you a little about them and give you their contact information.

  Call me at 775-783-7372 and ask for Dan LaPorte, REALTOR® with Century 21 Clark or visit my website at www.nevadahomehunt.com or email c21homehunter@gmail.com 

Tags: Buyers, Buying Real Estate, Carson valley Real estate, Dan LaPorte, Home buying