Required Documents

Almost every mortgage lender requires that you provide the following documents in order to obtain a new mortgage loan:

• Past two (2) years W-2 statements
• Pay Stubs covering the last (30) thirty days
• Two most recent monthly bank statements
• Most recent transaction summary of 401K, IRA, or Mutual Fund Accounts
• Photocopies of any stocks or certificates of deposits
• A letter of explanation for any known credit problems
• If you are currently renting….either 12 months canceled rent checks or the name and address of your current landlord

Also, the following documentation is also generally required.

For a refinance:

• A copy of the deed, and most recent tax bill

For a Purchase:

• A signed purchase contract
• Realtor contact information
• Condo Association contact information.

For a VA Loan:

• DD Form 214 (Long Form)

If you are divorced:

• A fully executed divorce decree

If you are self employed, employed in sales, paid by commission,or own rental real estate:

• Two (2) years signed personal tax returns - including all schedules
• If self-employed through a corporation, last two years corporate returns as well as a year-to-date profit and loss statement and balance sheet

Different programs require varying amounts of documentation. The loan program you select may require more or less documentation. Please contact us for a free, no-obligation consultation.