standard Documents required

These are the "Standard Documents" Required.  You may find that some do not apply to your situation.  If you have any questions at all. Please contact us! 


Employment/Income

• Provide most recent paystubs for 1 month
  
• Provide W-2's for the past two years
  
• Provide all pages and schedules of last two years personal Federal tax returns
  
• If you are relocating - please provide an offer letter on company letterhead indicating permanent employment start date and rate of pay
  
• If self employed, provide all pages and schedules of last two years business tax returns and corporate K-1's
  
• If retired, provide benefit award letter, last two years 1099's, and all pages and schedules of last two years tax returns
  
• If any rental income is received, provide copy of current lease agreement and mortgage statement
  
• If VA and active duty personnel, copy of Statement of Service Letter and Off Base Housing Authority Letter
  

Assets

• Provide ALL pages of most recent 2 months statements for all accounts; including all checking, savings, stocks, IRA, 401k, etc. The statements must show your name, account number and the name of the banking institution.
  
• (Generally only an amount of reserves and cash to close necessary to close the transaction -- any additional assets will add to the strength of the file)
  
• If funds to close will come from a gift, complete the gift letter and the following:
  
• from the donor - bank statements showing the funds in the donor's account and a copy of the check from the donor's account
  
• from the borrower - a copy of the deposit slip showing the gift check deposited into your account
  
• If funds to close will come from sale of home, copy of Hud-1 from sale of home and deposit slip showing proceeds deposited into bank account
  

Credit

• Copy of enlarged driver's license and social security card
  
• If Applicable - Copy of divorce decree
  
• If Applicable - Copy of bankruptcy papers, including all schedules and discharge, and credit explanation letter for reason for bankruptcy
  
• If Applicable - Letter of explanation on any late payments, collections, charge off’s or derogatory credit
  
• If Applicable - Letter of explanation for all recent credit inquiries
  
• If VA, Certificate of Eligibility or copy of DD214
  

Property

• Homeowners Insurance Agent's name, address, phone number, fax number, email address
  
• If refinance, copy of note and mortgage statement from the current lender showing the account number
  
• If you’re retaining your current residence, provide a mortgage statement showing taxes and insurance are included in the monthly payment
  
• If you’re currently renting, provide your Landlord’s name, phone number and address. 12 months cancelled rent checks will be necessary for private landlords.
  
• If you live with a family member, letter stating you live rent-free