20 Documents You Need for a Smooth Home Purchase

By
Mortgage and Lending with Guaranteed Rate Inc. - NMLS #2611 NMLS #370763

Buying a home involves a variety of parts; many people, documents and tasks are needed in order to make your purchase go smoothly. This post will give you the 20 Documents You Need for a Smooth Home Purchase.  It's better to get organized as soon as possible, but what exactly do you need?

To start, you should get all the paperwork that will be required gathered and organized. Here's a list of the paperwork you'll need to buy a home, depending on what stage of the purchase process you're at:

If you're ahead of the game and still getting ready for your pre-approval or mortgage:

1. Tax Returns (at least one year, if self-employed or commission typically 2 years)
2. W2s (last 2 years)
3. Pay Stubs (last 2 years with year-to-date earnings)
4. Bank Statements (last 2 months)
5. Investment Account Statements
6. Copy of Your Driver's License or Photo ID
7. Credit Report

If you're at the point of submitting an offer:

1. Copy of Your Pre-Approval Letter
2. Sales Contract (signed and dated)
3. Any Addendum

If you're already at closing:

1. Sales Contract (signed by Buyers and Sellers)
2. Title
3. Title Insurance
4. Copy of Your Driver's License or Photo ID
5. Deed
6. HUD-1 Statement
7. Survey
8. Proof of Home Insurance (if required by lender)
9. Proof of Required Repairs

Posted by

 

 

Michal Bander
Vice President of Mortgage Lending

 

P: (954) 684-9227
F: (954) 867-5123

michal.bander@guaranteedrate.com
guaranteedrate.com/MichalBander
NMLS ID: 370763

 

4400 N. Federal Hwy. Ste 150 • Boca Raton, FL • 33431

NMLS ID 2611
Licensing Information: http://www.guaranteedrate.com/licensing

 
         

 

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Comments (2)

Ron Marshall
Marshall Enterprises - Saint Michael, MN
Birdhouse Builder Extraordinaire

You made it easy as a checklist .  Thanks, Michal.  Have a great week.

Feb 14, 2012 10:35 PM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

This is a great list. I always remind people to bring their driver's license or some picture ID.

Feb 14, 2012 10:59 PM