Carlos, the main documents/information needed for a buyer are: Two years residence and employment history. Current paystubs, current W2s Two years tax returns if self employed or show other types of income (rental income, interest/dividends, etc.). Personal and corporate if applicable. Two months asset statements for all accounts where funds for closing and reserves are coming from Credit will also be run Some lenders, (like the one that helps many of my buyer clients), have alternative documentation programs where tax returns may not be required, e.g., bank statement programs for self employed if income from returns don’t substantiate qualifying income.
Many homeowners want to buy their next property before selling their current one. Moving from one house to another is easier if you already have a place to move to. It’s also easier to identify which items you want to take and which ones you won't need if you already know what your future house looks like. However, getting a mortgage fo