Guide Documentation Checklist

Organize documents for the refinancing or request for a home equity loan will make the process much easier for you. Here is a checklist to be sure, you've dotted every 'I' and crossed every "T" before use.

1. When you buy, rent and ask for a loan for your home, you get the name and address of your landlord for the last two years.

2. You will need proof of income over the last two years in the form ofTax returns, pay slips or bank statements. If you're independent, you will need your W-2 forms for at least two years, and a copy of your last payroll of the year to date income.

3. The documentation of your work is important, you need instructions from your checking and savings accounts, pensions and investment accounts, including IRA or 401k plan.

4. If you income support and social security, compensation Workman, the private pension or a child, please call for aUse letter stating as your will.

5. If you purchased your home with a real estate contract and may be useful to refinance, you will need a copy of the purchase agreement, the collection of home and the most recent assessment.

6. Organize your statements of any loans. These include student loans, auto loans and a mortgage in progress. You have to pay deposits and lending information for each of these loans. Is also necessaryRecent statements for your credit card and home equity loans.

7. If you're self-employed, you must have the last two federal tax returns and all schedules you filed. You must use your current year profit and loss account and balance sheet. If you have a file corporate tax returns you have two years and all schedules must be used.

8. If you declared bankruptcy within seven years, you have all the documents including the petition and discharge, a written statementBecause you filed bankruptcy, your current credit reports from the three rating agencies: Experian, TransUnion and Equifax.

You can learn more about applying for a mortgage or home equity loans, including how to learn to avoid common mistakes by registering for a free mortgage guidebook.