buyers_info 
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Buyers/Borrowers Information Pack
Balance Sheet Fixed Expenses Rent $__________________________ Phone $_________________________ Utilities $________________________ Internet $________________________ Cable/Satellite $___________________ Health Insurance $_________________ Auto Insurance $__________________ Electrical/Natural gas $_____________ Trash $__________________________ Food $__________________________ Car payment $____________________ Non-Fixed Expenses (Entertainment, dining out, movies, etc…) $_______________
TOTAL $____________________
PG.1 BBIP 018 01/01/07
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Documents needed from buyer/borrower for loan process (full document loan)
_________1. W2 Statements for LAST 2 YEARS for all borrowers _________2. Paycheck stubs for the LAST 30 DAYS (must have Y-T-D figures), all borrowers _________ 3. Statements for the LAST 2 MONTHS from any assets used to qualify for the loan including: Checking Account, Savings Account, Profit Sharing, 401K, IRA, or any other assets available _________4. Evidence of any additional income, if necessary to qualify (i.e., child support, social security, rental lease agreements with cancelled checks, etc.) _________5. Mortgage and/or Rental History: a. Credit report showing previous 12 months Mortgage History OR b. Twelve months of canceled Rent Checks, OR c. Verification of Rental (VOR) from 3rd Party Property Management d. If rental, need name, number, address for Current Landlord
IF FULL DOCUMENT SELF-EMPLOYED BORROWER:
_________1. Copy of Business License, Proof of Corporation or Partnership (Proof of Two Years of Self Employment) _________ 2. Last two-year’s signed personal & business tax returns with all schedules c. POSSIBLE REQUIREMENT - Financial statements, including Balance Sheet and P&L or Income Statement (not older than 90 days signed by CPA and borrower)
PG.2 BBIP 018 01/01/07