Copies of W-2s and signed tax returns for the last two years.
Copies of paycheck stubs for the last 30 days (most current).
Copies of checking and saving account statements for last two months (all pages).
Copies of quarterly or semi-annual statements for checking, sharing, etc.
Copy of Sales Contract (when available).
Employment history within the last two years (with explanation of any gaps in employment).
Residency history within the last two years including name, phone number, address, and account number of landlord or a mortgage statement. For rental properties, include copies of leases plus mortgage information, property tax, and homeowners insurance.
Canceled earnest money check (when it clears) or corresponding bank statement, if applicable.
Any assets used for the down payment, closing costs, and cash reserves must be documented by a paper trail.
Copy of social security card and driver’s license.
If paid off a mortgage within the last year, need copies of CD/HUD1 or release of lien.
Refinance copy or note, settlement statement, and survey.
Documents That May Be Required:
Relocation Agreement if the move is financed by employer, i.e. buyout agreement plus documentation outlining company paid closing costs benefits.
If previously filed for bankruptcy, need copies of the petition for bankruptcy and discharge, including supporting schedules.
Divorce Decree if applicable.
Documentation supporting monies received from social security/retirement trust income, i.e. copies of direct deposit bank statements, awards letters, evidence income will continue.
Additional Documents for Self-Employed Borrowers:
Copies of signed business tax returns for the last two years.
Year-to-Date Profit & Loss Statement and Balance Sheet.
Copy of Business License or CPA contact information.
1099s or K1 forms.
Additional Documents for FHA/VA Loans:
FHA: Copy of social security card for each applicant and co-applicant.
VA: Original certificate of eligibility and copy of DD214 discharge paper.
