What documents do I need to provide for a loan application?

When applying for a loan with PennyMac Loan Services, you will need to provide several important documents. These include your government-issued photo ID such as a driver's license or passport, proof of income such as pay stubs or tax returns for the past two years, bank statements to verify your assets and savings, and documentation of your current debts and liabilities. Additionally, you will need to provide information about the property you are purchasing or refinancing, including a copy of the purchase agreement or the most recent mortgage statement. Gathering these documents beforehand can streamline the loan application process and ensure a smooth approval. Be sure to check your loan type for any additional document requirements.