: At least 30 days of pay stubs and W-2 forms from the last two years.
: Lenders often want to see that you have several months of living expenses saved beyond your down payment to handle unexpected repairs or job loss. 2. Loan Qualification Requirements things needed to buy a house
: Fees for legal work, appraisals, and taxes, usually ranging from 2% to 5% of the home's purchase price. : At least 30 days of pay stubs
: A deposit (typically 1–3% of the price) paid when you make an offer to show you are a serious buyer. things needed to buy a house
Lenders use "The 4 C’s"—Capacity, Capital, Credit, and Collateral—to evaluate your eligibility.
: Signed copies of federal tax returns for the previous two years.