Net Worth and Income Statement – a document that lists Assets (like bank/investment/retirement account balances), Liabilities (credit card/loan balances etc.) and annual income of each applicant. Section of our Offer Form provides fields for the Net Worth and Income Statement as well.
Most Recent 2 Years Tax Returns – most board packages require tax returns
Most Recent 2 Years W2’s and Most Recent 30 Days Pay Stubs – applicable only if you are employed by a company, self employed individuals must only provide tax returns.
Most Recent 3 Months Bank, Investment and Retirement Account Statements – a buyer is not required to disclose all assets to the lender or the coop, but the down payment and required reserves must be sourced by an account statement.
Valid form of Picture ID – Passports, State issues ID’s are considered valid forms of identification.
NOT REQUIRED ON SUBMISSION but can prove to be very helpful in the buying process is a current copy of Credit Report.