Save time and prevent delays by having the following information ready when you speak or apply with a licensed mortgage professional.
Salaried Borrower(s) W-2 forms for previous two (2) years 2 most recent paycheck stubs Commissioned/Bonus Borrower(s) Copies of previous two (2) years personal tax returns - All pages 2 most recent paycheck stubs Self-employed Borrower(s) Personal tax returns for the previous two (2) years - All schedules; For Partnership, S-Corp and/or Corporate - All Schedules including K-1s Signed and dated, year-to-date financial statements, including P & L If applicable, copy of business license covering 2 years *** Disregard above if applying for certain no tax return loans
Copy of most recent two (2) months statements1 of the accounts you're using to qualify: Checking Savings Money Market Certificates of Deposit (CD) Brokerage Accounts IRA - 401k Retirement Accounts2 1. *** Provide 12 months if applying for a bank statement loan 2. *** Provide 6 months if applying for an asset utilization loan
Residential address(es) for the past two (2) years If renting, need the mailing address for landlord for past two (2) years & proof of 12 months' rent payments. Current lease agreements for all rental properties owned Copy of purchase contract on subject property signed by all parties If applicable, copy of contract on existing home being sold Copy of your canceled earnest money deposit checks. Escrow or Settlement Agent may be able to provide. Copy of Divorce Decree, Separation Agreement for divorced borrowers. Copy of bankruptcy schedules & discharge papers (if applicable) If you are NOT a US citizen, provide a copy of your green card (front & back). If you are NOT a permanent resident provide a copy of your H-1 or L-1 visa, and others.
Copy of Purchase Sales contract (or Residential Purchase Agreement) and any addendums/amendments (signed by buyer and seller)
copy of most recent Mortgage statement(s) on all properties, Homeowners Insurance Policy declaration page.