How to Buy a HUD Home in Phoenix
The following
documents will be needed in order to process the loan:
|
Salaried/W-2 Income Borrowers |
|
 |
Last two
years W-2 forms from all employers within that time frame |
|
|
Recent
pay stubs for 1 complete month |
|
|
Past 3
months bank statements for all checking, savings and money
market accounts |
|
|
Current
account statement for all investment accounts to include mutual
funds, stocks, bonds, IRAs, Keogh accounts |
|
|
Copy of
social security/pension/retirement award letters (if applicable) |
|
|
Complete
copy of divorce decree (if applicable) |
|
|
Complete
copy of bankruptcy and discharge paperwork |
|
|
Self-Employed Borrowers |
|
|
Past 2
years tax returns with all schedules |
|
|
Current
year to date profit and loss statement |
|
|
Current
year to date balance sheet |
|
|
Recent
pay stubs for 1 complete month (if applicable) |
|
|
Past 3
months bank statements for all checking, savings and money
market accounts |
|
|
Current
account statement for all investment accounts to include mutual
funds, stocks, bonds, IRAs, Keogh accounts |
|
|
Copy of
social security/pension/retirement award letters (if applicable) |
|
|
Complete
copy of divorce decree (if applicable) |
|
|
Complete
copy of bankruptcy and discharge paperwork |
|
The
aforementioned documentation are merely a guideline for most loans out
on the market. You may need to provide additional paperwork to
supplement your loan file or further clarify other documentation.
click here
to return to the table of contents...
|
