 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
when applying for a mortgage loan. Gathering the documents in
advance can save significant time in the loan process. There's a
possibility you may required to provide additional documents,
depending on your situation and the type of loan for which you are
applying. We will notify you promptly if additional documents are
required.
Purchase Loans
* Copies of previous two years W 2 forms
* Copy of the two most recent pay stubs
* Social security number of all applicants
* Cost of appraisal and credit report
* Sales contract signed by both buyer and seller
* Name, address, and all income earned from all employers
for the past 24 months
* Three most recent statements for savings and checking
account(s)
* Copies of the most recent statement for any stocks, bonds,
mutual funds, I.R.A.'s, retirement accounts, etc
* If you are currently renting, provide either 12 months of
cancelled rent checks or the name and address of your
current landlord
Refinance Loans
* Copies of previous two year's W 2 forms
* Copy of the two most recent pay stubs
* Copy of your 1st mortgage note
* Copy of your 2nd mortgage note (if applicable)
* Copy of the deed to your property (NOT the Deed of Trust)
* Copy of your title insurance policy
* Copy of your homeowner insurance declaration page(s)
* Social security number of all applicants
* Cost of appraisal and credit report.
* Name, address, and all income earned from all employers for
past 24 months
* Three months most recent statements for checking and saving
account(s)
* Copies of the most recent statement for any stocks, bonds,
mutual funds, I.R.A.'s, retirement accounts, etc
* If you choose to include income from child support/alimony,
bring copies of court records of cancelled checks showing
receipt of payment
2nd Mortgages/Home Equity Loans
* Copies of previous two year's W 2 forms
* Copy of the two most recent pay stubs
* Copy of your 1st mortgage note
* Copy of the deed to your property (NOT the Deed of Trust)
* Copy of your homeowner insurance declaration page(s)
* Social security number of all applicants
* Cost of appraisal and credit report
* Name, address, and all income earned from all employers for
past 24 months
If you own other properties
* Address of properties and current market value
* Any debt owed on properties, lender's name, address, account
number, monthly payment and current balance
* Copy of previous two year's Federal Income Tax Returns with
schedules
* If rented, a copy of the current lease
** Additional Documents for ALL Types of Loans **
If you are self-employed or paid by commission
* Previous two year's Federal Income Tax returns with all
schedules and a year to date profit and loss statement
If you have filed bankruptcy in the last seven years
* Copy of petition and discharge, handwritten explanation of
reason for bankruptcy, evidence of credit since the bankruptcy
If you will be using child support/alimony income to qualify
* Copies of court records of cancelled checks showing receipt of
payment
