THE FOLLOWING CHECKLIST IS MEANT TO GIVE YOU AN IDEA OF THE BASIC INFORMATION REQUIRED FOR A TRADITIONAL FULL INCOME DOCUMENTATION MORTGAGE LOAN. EACH LOAN APPLICATION IS VERY DIFFERENT AND YOUR SPECIFIC REQUIREMENTS MAY VARY.
*** We also offer Alt Doc programs for those who might have a challenge proving their income in the traditional way.
W-2 FORMS - Last 2 years
PAY STUB(S) - Last 30 days
MOST RECENT TWO (2) MONTHLY STATEMENT(S) (ALL PAGES) FOR BANK ACCOUNTS, MUTUAL FUNDS, & INVESTMENT ACCOUNTS�
MOST RECENT QUARTERLY STATEMENT FOR PENSIONS, 401(K), FUNDS, AND IRA'S
ESTIMATED ESCROW CLOSING STATEMENT EVIDENCING NET PROCEEDS FROM�REAL ESTATE�YOU MAY BE SELLING (IF APPLICABLE)
NAME AND PHONE NUMBER OF HOMEOWNER'S INSURANCE AGENT
FEDERAL TAX RETURNS FOR THE PREVIOUS 2 YEARS (IF SELF EMPLOYED OR RECEIVE COMMISSION INCOME)
COMPLETE COPY OF BANKRUPTCY FILE INCLUDING DISCHARGE OF DEBTOR (IF APPLICABLE)
DIVORCE DECREE AND/OR SEPARATION AGREEMENT (IF APPLICABLE) PROOF OF RECEIVING CHILD SUPPORT (IF APPLICABLE OR IF USING CHILD SUPPORT FOR LOAN QUALIFYING ) OR THAT CHILD SUPPORT IS CURRENT (IF PAYING)
LEASE AGREEMENTS FOR ANY RENTAL PROPERTIES YOU MAY OWN (IF APPLICABLE)
NAME, ADDRESS, AND PHONE NUMBER OF CURRENT LANDLORD (IF APPLICABLE)
LETTER OF EXPLANATION FOR GAP(S) IN EMPLOYMENT HISTORY (IF APPLICABLE)
LETTER OF EXPLANATION FOR ANY DEROGATORY CREDIT
LETTER OF EXPLANATION FOR ANY RECENT CREDIT INQUIRIES
COPY OF CURRENT BUSINESS LICENSES OR C.P.A. LETTER (IF SELF EMPLOYED)
