Phoenix Arizona home loans including FHA loans, VA mortgages and conventional home loan financingPhoenix Arizona home loans including FHA loans, VA mortgages and conventional home loan financingPhoenix Arizona home loans including FHA loans, VA mortgages and conventional home loan financingPhoenix Arizona home loans including FHA loans, VA mortgages and conventional home loan financingPhoenix Arizona home loans including FHA loans, VA mortgages and conventional home loan financingPhoenix Arizona home loans including FHA loans, VA mortgages and conventional home loan financing   
 
How to Qualify for a Home Loan in Arizona 
Select from the following:
Introduction 
Qualifying for a home loan overview 
Credit analysis
Employment and income requirements  
Down payment and source of funds requirements 
Necessary documentation for a loan 
  
Related Links
Mortgages 101
FHA Home Loans 101
VA Home Loans 101
How to apply for a home loan 
Home buying 101 
Find a mortgage
  

Necessary Documentation

The following documents will be needed in order to process the loan:

Salaried/W-2 Income Borrowers

Last two years W-2 forms from all employers within that time frame
Recent pay stubs for 1 complete month
Past 3 months bank statements for all checking, savings and money market accounts
Current account statement for all investment accounts to include mutual funds, stocks, bonds, IRA’s, Keogh accounts
Copy of social security/pension/retirement award letters (if applicable)
Complete copy of divorce decree (if applicable)
Complete copy of bankruptcy and discharge paperwork

Self-Employed Borrowers

Past 2 years tax returns with all schedules
Current year to date profit and loss statement
Current year to date balance sheet
Recent pay stubs for 1 complete month (if applicable)
Past 3 months bank statements for all checking, savings and money market accounts
Current account statement for all investment accounts to include mutual funds, stocks, bonds, IRA’s, Keogh accounts
Copy of social security/pension/retirement award letters (if applicable)
Complete copy of divorce decree (if applicable)
Complete copy of bankruptcy and discharge paperwork

The aforementioned documentation are merely a guideline for most loans out on the market.  You may need to provide additional paperwork to supplement your loan file or further clarify other documentation.

Phoenix Arizona FHA home loans, VA home loan and mortgages / real estate loansPhoenix Arizona FHA home loans, VA home loan and mortgages / real estate loansPhoenix Arizona FHA home loans, VA home loan and mortgages / real estate loans

 

Copyright © 1995-2008 Sun Nations Mortgage, Inc.  All rights reserved.
11024 N. 28th Dr., Ste 200, Phoenix, AZ 85029 (602) 993-0000
Sun Nations Mortgage, Inc. is a licensed Arizona lender (MB#13507) and HUD approved lender.