The following information will be needed to complete your mortgage loan request. As you gather this information, place a check mark beside the items collected. By returning copies of the requested documentation and forms, along with your completed application, you can save valuable time in the processing of your loan request.
All loan requests require the following documentation:
Last 30-days pay stubs for each borrower – pay stubs must show year-to-date information
Original carbon copy of W-2 forms for the last 2 years for each borrower
Copies of award letters, if applicable (social security, disability, retirement)
Copies of last three statements for each: checking, savings, and deposit accounts (including all open
and recently closed), showing name and address of institutions. Include all savers certificates, money market accounts, CDs, etc.
Copies of last investment or retirement funds statements
If self-employed or commission income is shown, include copies of the following:
Last 2 years federal tax returns with original signatures and dates, and all schedules
Year-to-date profit/loss statement
If your loan request is for a PURCHASE TRANSACTION, please include the following additional documentation:
Copy of signed sales contract, include any addendums, if applicable
Earnest money receipt, showing name, address, and phone number of person/company holding earnest money
Realtor’s multiple listing of property and legal description, if applicable
If you currently own real estate, please indicate status and include the following additional documentation:
If property is currently rented – include a copy of the current lease or rental agreement for each unit
If property is listed for sale – include a copy of the listed agreement
If property is sold, but not closed – include a copy of the sales contract
If property is sold, closed, and the proceeds from the sale will be used for the down payment – include a copy of HUD 1 Uniform Settlement Statement
If your loan request is for a REFINANCE TRANSACTION, please include the following additional documentation:
The name and address of your current mortgage lender and account number.
