Three months of bank statements for each bank or investment account. Several recent pay stubs. A copy of the deposit check given to the Realtor. Documentation is slightly different if you're self-employed. Instead of W-2s, bring two years tax returns to verify your steady income.
Gifts are a very popular source of down payments.
The only requirement is that they come from a family member and can be documented. Generally, you should allow four to six weeks for the entire process. It's easy to apply at Citizens. Best of all, you can start the process right here and now by sending us an email. All mortgages must be individually underwritten by Citizens Mortgage Corporation.