CREDITSMART HOMEBUYER U
PATHWAYS TO HOMEOWNERSHIP
What documents should I be ready to provide for a pre-approval?
Government issued ID for each borrower – this can be a state-issued driver’s license, birth certificate, or passport.
2. Proof of Income
Employees – most recent pay stubs
Self-employed – profit and loss statement
Passive income – most recent financial asset statements
3. Financial Asset Statements – At least two months of your most recent statements, including:
Bank checking and savings
Retirement fund – 401K, pension, self-funded ( ROTH, SEP, Individual), annuities
4. Tax Returns
Employees – W-2 forms and tax returns for the last two years.
Self Employed – Profit and loss statements, 1099, and tax returns for the last two years.
Passive Income – Tax returns for the last two years.