Documentation
For your convenience, we have provided a checklist below of the documents we will need you to provide when applying for a loan. Once we receive these items, we will be able to move forward with the loan process.
If you have any questions or concerns, please don’t hesitate to call.
Please send or bring in the following documentation for each borrower:
THE BASICS:
- Copy of current Drivers License and Social Security Card
- Two most recent years’ personal tax returns and W-2’s
- Recent pay stubs covering at least 30 days and indicating Year-to-Date income
- All pages of bank statements, 401K, Deferred Comp, Stocks, and Bonds covering the last 90 days
IF RE-FINANCING:
- Current Mortgage Statement or Payment Coupon
- Homeowner’s Insurance Declaration Page
IF PURCHASING:
- If currently renting, please provide name, address, and phone number of landlord(s) for past 2 years
IF RELOCATING TO AREA:
- Copy of Offer or Transfer Letter from new employer, stating your start date and compensation
- Copy of your first pay stub
IF RETIRED OR DISABLED:
- Social Security Award Letters
- 1099’s
- Pension Letters
IF CREDIT ISSUES APPLY:
- Letter of explanation for any credit report collections, past bankruptcies, foreclosures, judgments, etc
- Proof of payoff for above issues
- Copies of bankruptcy papers and final discharge
- Copies of divorce decree, property settlement agreement, and court ordered child support
IF SELF-EMPLOYED, GENERAL PARTNER, OR 25%OR MORE CORPORATE OWNER:
- Two most recent years corporate tax returns or partnership tax returns and K-1’s.
- Year-to-Date profit and loss statement
