Additional documentation
In addition to the above documents, which are standard across almost all lenders today, you may be asked to provide additional documentation that explains special, unique or uncommon circumstances.
Your lender will specify what documents are needed, but they may include any of the following (if applicable):
- Complete rehabilitation papers, including discharge if bad debit was incurred
- Complete divorce papers in divorced instances
- Signed and dated letters that explain certain situations, such as switching from full-time employment to self-employment
- Verification of child support or alimony payments
Having these documents prepared in advance can save you a lot of time and trouble. It will also make the entire loan process smoother and faster, preventing unwanted delays.
For a more in-depth look at your own personal new home build financing process, call our offices to chat with our finance liaison to feel prepared and confident at every step.