What documents do I need to provide during the application process?

When applying for a home loan with Metlife Home Loans, there are several key documents that applicants typically need to provide in order to facilitate the application process. First and foremost, applicants will generally need to provide proof of identity, which can include a government-issued photo identification such as a driver's license or passport. Income verification is also crucial. This may include recent pay stubs, W-2 forms, or tax returns if the applicant is self-employed. Additionally, any documentation regarding outstanding debts, such as credit card statements or loan agreements, may be required to evaluate the applicant's overall financial picture. Credit history is another important factor in the home loan application process. While lenders often obtain this information themselves, applicants may want to provide details about their credit reports, especially if there are any discrepancies. Moreover, documentation related to the property itself, such as a purchase agreement, may also be necessary, especially if purchasing a new home. Lastly, it may be helpful to gather information regarding assets, such as bank statements or investment account details, which can demonstrate the applicant's financial stability. For the most accurate and current list of required documents, reviewing the information on Metlife's website is advisable. This ensures that one is prepared with the correct documentation to streamline the application process.