Documents Needed for an FHA Loan

The loan approval process is going to be 100% dependent on your documentation. To insure a smooth transaction, it is crucial that you have all of your documents gathered prior to your initial loan application. Below is a list of documents you will need.

Employment Information

• Most recent two years completetax returns with all schedules.
• Most recent two years W-2's, 1099's, etc.
• Most recent pay stubs covering one month period.
• Self-Employed will need Three years Tax Returns & Profit & Loss Statement.

Savings Information

• Most recent 3 months complete bank statements for all accounts with all pages.
• Most recent statement from retirement, 401k, mutual funds, money market, stocks, etc.

Credit Information

• Most recent statements from bills, indicating payments & account numbers.
• Name, Address & Phone number of your landlord, or 12 months rent checks.
• If you have no credit: Copies of your most recent utility bills.
• If Applicable: Copy of complete Bankruptcy and Discharge Papers.
• If Applicable: If you co-signed for a mortgage, car, credit card, etc, need 12 months cancelled checks showing you are not making the payments.

Personal Information

• Copy of Drivers License.
• Copy of Social Security Card.
• If Applicable: Copy of complete Divorce, Palimony, Alimony Papers.
• If Applicable: Copy of Green Card or Work Permit.
• Papers from 2nd home if applicable.

If a Refinance or you own Rental Property

• Copy of Note & Deed from current loan.
• Copy of Property Tax Bill.
• Copy of Homeowners Insurance Policy.
• Copy of Payment Coupon for current Mortgage.
• Rental Agreements.

Additional documents may be needed on a case-by-case basis.