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Personal loan documents checklist KYC documents - Any government-issued KYC document such as an Aadhaar card, PAN card, passport or driving licence. Your employee ID card. Salary slips for the last three months. Bank account statements of your salary account for the previous three months.
Mortgage underwriters will generally ask for one to two years of tax returns when you apply for a mortgage. If you are self-employed, you may be asked to provide additional documentation as proof of your income stability. Mortgage underwriters want to make sure that your income is stable before giving you a mortgage.
If you are a salaried or hourly wage employee, your pay stubs and/or W-2s will show this. If you are self-employed, expect to share your tax returns as evidence of income earned. In both cases, lenders will typically request to see your records from the last two years.
Here are the some of the basic documents you will to get pre-approved before searching for a home: Last 30 Days Pay Stubs. Last 2 Years Complete Tax Returns with W2 and 1099 Forms. Last 2 Months Bank Statements (All Pages) Legible Copy Of Driver's License and Social Security Card.
List at least 2 things you would be sure to tell a borrower in preparation for closing. There is no right or wrong answer, but the date/time/location of closing is important. The borrower should also be clear on the amount of money he/she needs to bring to the closing table.