| What
documents you will need to apply for a loan |
|
| Documents |
Reasons |
| Copy of
identity document |
Necessary
for client information
Necessary for Credit Bureau checks |
Copy of
latest pay slip/proof
|
To assess
affordability of income |
| Three months
bank statements |
To verify
net income |
Offer to
Purchase (Signed by all parties)
|
To check
property details and amount |
| Income
Tax Number |
FICA requirement |
| Proof
of Physical address |
FICA requirement |
| Additional
documents for Practicing Professionals /Sole Proprietors/Partnerships |
Latest
financial statements signed by the client
|
Necessary
to assess risk |
| Six months
bank Statements |
Necessary
to assess risk |
| Additional
documents for Companies/Incorporated Companies |
Latest
audited financial statements or Management accounts.
|
Necessary
to assess risk |
| Latest
certified financial statements |
Necessary
to assess risk |
Bank statements/reports
for last
six months |
To support
turnover
Necessary to assess risk
|
|
|
|
