DOCUMENTS NEEDED FOR MORTGAGE LOAN APPLICATIONS.

Documentation Needed For Purchase

 

  • Two years tax returns with W'2s

  • Two months bank statements –Checking and saving account (All pages)

  • Last 30 days pay stubs

  • Copy of Social security card and drivers license for each applicant and co-applicants

 

Documentation Needed For Refinance

 

  • Two years tax returns with W'2s

  • Two months bank statements –Checking and saving account (All pages)

  • Copy of all mortgages with account numbers

  • Copy of Hazard Insurance

  • Last 30 days pay stubs

  • Copy of Social security card and drivers license for each applicant and co-applicants

  • HOA statement if applicable

 

Self-Employed Borrowers

 

  • Personal Two years tax returns with W'2s or 1099

  • Two months bank statements –Checking and saving account (All pages)

  • Copy of current profit & loss statement and balance sheet

  • Copy of corporate/partnership (business)tax returns for most recent 2 year period if owning 25% or more of company – copies of 1099 (with all schedule C’s, 1120, 1120s, or 1065 partnerships including K-I’s if applicable).

  • Copy of Social security card and drivers license for each applicant and co-applicants

  • HOA statement if applicable

 

Documentation Needed For Veteran

 

  • Two years tax returns with W'2s

  • Two months bank statements –Checking and saving account

  • Last 30 days pay stubs

  • Copy of Social security card and drivers license for each applicant and co-applicants

  • Original Certificate of Eligibility and copy of DD214 Discharge Paper

  • Name and address of nearest living relative

 

Documentation Which May Be Required

 

  • Relocation Agreement if move is financed by employer, i.e. buyout agreement plus documentation outlining company paid closing cost benefits

  • Divorce Decree if applicable

  • Documentation supporting moneys received from social security/retirement trust income, i.e. copies of direct deposit bank statements, awards letter, evidence income will continue

  • Previous bankruptcy, need copies of petition for bankruptcy and discharge, including supporting schedules

  • Child support

 

Please note, when we get close to close escrow we may need updates some of the items so please make certain you set aside statements and paycheck stubs as you get them.