Applying for Mortgages

Question:
What do I need to take with me when I apply for a mortgage?

Answer:
If you have everything with you when you visit your lender, you'll save a good deal of time. You should have:

* Social Security numbers for both your and your spouse, if both of you are applying for the loan.
* Copies of your checking and savings account statements for the past 6 months.
* Evidence of any other assets like bonds or stocks.
* A recent paycheck stub detailing your earnings.
* A list of all credit card accounts and the approximate monthly amounts owed on each.
* A list of account numbers and balances due on outstanding loans, such as car loans.
* Copies of your last two years' income tax statements.
* The name and address of someone who can verify your employment.