DOCUMENTS NEEDED:

  • COPY OF DRIVER’S LICENSE

  • LAST 30 DAYS OF PAY STUBS

  • LAST 60 DAYS OF BANK STATEMENTS & INVESTMENT ACCOUNTS

  • MOST RECENT 2 YEARS OF FILED TAX RETURNS

  • MOST RECENT 2 YEARS OF W2’S OR 1099’S

  • COPY OF DD214, IF YOU ARE A VETERAN

  • HR OR PAYROLL MANAGER’S CONTACT INFORMATION TO VERIFY LAST 2 YEARS OF EMPLOYMENT

  • HOMEOWNER’S INSURANCE AGENT’S CONTACT INFORMATION, ONCE YOU HAVE RECEIVED QUOTE - WE ARE HAPPY TO SEND YOU A FEW REFERRALS FOR AGENTS, IF NEEDED

  • COPY OF EARNEST MONEY CHECK OR WIRE TRANSFER, PLUS BANK STATEMENT SHOWING THESE FUNDS HAVE CLEARED, WHEN AVAILABLE

  • COPY OF EXECUTED PURCHASE CONTRACT, WHEN AVAILABLE

PLUS, FOR SELF-EMPLOYED BORROWERS:

  • MOST RECENT 2 YEARS OF BUSINESS TAX RETURNS & K1’S, IF YOU OWN MORE THAN 25% OF THE BUSINESS

  • WE MAY ALSO NEED YTD PROFIT & LOSS STATEMENTS, DEPENDING ON HOW YOU FILE YOUR RETURNS

PLUS, IF YOU OWN OTHER REAL ESTATE OR YOU ARE REFINANCING:

  • COPY OF MOST RECENT MORTGAGE STATEMENT OR DEED OF TRUST, IF OWNED FREE & CLEAR

  • HOMEOWNER’S INSURANCE DECLARATIONS PAGE, IF YOU DO NOT ESCROW

  • PROPERTY TAX STATEMENT - MOST OF THE TIME WE CAN LOOK THIS UP ON THE COUNTY WEBSITE

  • HOMEOWNER’S ASSOCIATION STATEMENT OF DUES, IF APPLICABLE

FOR CONSTRUCTION LOANS:

  • COPY OF BUILDER CONTRACT

  • PLANS & SPECS

  • BREAKDOWN OF COST TO BUILD

OTHER:

  • GIFT FUND DOCUMENTATION - IF YOU ARE RECEIVING GIFT MONIES FOR DOWN PAYMENT/CLOSING COSTS, WE WILL SEND YOU AND THE DONOR A LETTER TO SIGN. WE MAY ALSO NEED A BANK STATEMENT FROM THE DONOR, DEPENDING ON LOAN PROGRAM. LET US KNOW IF YOU ARE USING GIFT FUNDS BEFORE MAKING ANY TRANSFERS OF FUNDS.

  • LETTERS OF EXPLANATION - SOMETIMES THERE ARE THINGS THAT COME UP THAT NEED FURTHER EXPLAINING, SO AN UNDERWRITER MAY REQUEST THAT YOU WRITE A LETTER OF EXPLANATION.