Some buyers choose to make their formal loan application when they are first pre-approved, while others wait until they have a contract.  Your financing contingency requires that you provide all information to your lender in a timely manner which means ASAP.  If your loan is held up and you don’t have a loan commitment by the end of your Financing Contingency Period, and the reason is because you did not get your lender the required documentation they requested fast enough, your financing contingency is effectively voided and you can’t use that reason to not buy the house, so make sure that you do not procrastinate on any documents that your lender asks for you.  Here are some common items that your lender will request, so you may want to gather these items before you go under contract:

• Last several months of paystubs from your employer
• Last two months of bank statements
• Retirement account statements
• W2’s or 1099’s for the last two years
• Employer contact information