Organizing Important Documents

When you apply for a home loan, your lender is going to ask you for a lot of information. The basic asks are:

  • Last two years of tax returns
  • Last two years of W2’s
  • Last 30 days of pay stubs
  • Last 60 days of bank statements

Those are simply the introductory documents. If there are any tax leins or released derogatory accounts (paid collections, back child support, paid tax leins etc.) your mortgage loan officer will ask for those too. I find it easier to keep track of important past documents if I have them in one central location. I am a bit of an organizer, so I take this to the next level, but for starters, it may jump start your housing search if you have the beginnings of a filing system. Links to the products I like are below:

 

Filing Folio: Amazon.com

Lakeside Collection Filing Folders

Using a FiloFax as a Filing Binder

Foxy Fix Planning and Organizing Binders

Shoulder Filing Folder

 

I feel there is a need for one important note here. I am not a tax professional and this is not tax advice. Please seek an appropriate financial advisor for tax services. Organization however, that’s my jam.

If you or anyone you know is in the market for a new home loan, please don’t hesitate to contact me.

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