Paperwork Needed for Purchase in Mckinney, TX

Welcome to McKinney Mortgage, where we aim to simplify the paperwork process for your home purchase loan in McKinney, TX

We understand that navigating the documentation requirements can be overwhelming, so we've outlined the essential paperwork needed to streamline your loan application process.

1. Identification and Personal Information:

• Valid government-issued ID (driver's license, passport)

• Social Security Number

• Proof of residency (utility bill, lease agreement)

2. Employment and Income Documentation:

• Pay stubs for the last 30 days

• W-2 forms for the past two years

• Tax returns for the past two years

• Proof of additional income (alimony, bonuses, etc.)

3. Financial Statements:

• Bank statements for the last two months (all accounts)

• Investment account statements

• Retirement account statements

4. Credit Information:

• Authorization for the lender to pull your credit report

• Explanation for any derogatory credit history, if applicable

5. Property Information (for Purchase):

• Purchase agreement

• Copy of the property listing

• Information about the homeowners association (if applicable)

6. Additional Documents:

• Gift letter if part of the funds are a gift

• Divorce decree or separation agreement, if applicable

• Explanation for any gaps in employment or other unusual circumstances

Why Choose McKinney Mortgage for Your Home Purchase Loan?

• Guidance and Support: Our experienced team is here to guide you through the paperwork process, providing support and answering any questions you may have.

• Efficient Processing: We prioritize efficiency in processing your application, ensuring a smooth and timely experience.

• Local Expertise: As a McKinney-based mortgage provider, we understand the local market, allowing us to provide personalized advice tailored to your specific needs.

Navigating the paperwork for your home purchase loan doesn't have to be daunting. At McKinney Mortgage, we strive to make the process as straightforward as possible, offering guidance at every step. Contact us today to start your journey towards homeownership in McKinney with confidence.

Disclaimer: loan terms and requirements can vary. We recommend discussing your specific situation with our experts for personalized guidance.