In conjunction with completing the loan application from this website, I will need the items applicable to you from the list below to process your mortgage pre-approval. Please send exactly what's stated, to avoid delays in the application process. In addition, a new credit report will need to be pulled and authorization will be requested from you upfront.
Pre-Approval Checklist
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Please provide your most recent 30 days' worth of consecutive paystubs for all borrowers being included on the mortgage transaction.
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Copies of your W-2's or 1099's for the past two years for All jobs worked.
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Please provide complete copies of your last two years' Federal tax returns, personal or business, including all pages and schedules.
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Legible copy of your government issued photo ID (driver's license, State ID, passport, etc.)
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Please provide a legible copy of your Social Security Card (or green card, work visa, etc.)
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Please provide copies of your most recent 60 days' worth of consecutive bank statements to document cash available to close. If assets are coming from another source, please advise.
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If you are a veteran and wish to take advantage of financing through the Veterans Administration (VA), please provide a copy of your Certificate of Eligibility (DD214)
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If using alimony or child support as income, please provide divorce decree/court order stating amount, as well as, proof of receipt of funds for the last year.
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If using Social Security, Disability or VA benefits as income, please provide current award letter from agency or organization.
Source of Funds for Closing Cost and Down Payment
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Sale of your existing home - provide a copy of the signed sales contract on your current residence and statement or lisitng agreement if unsold (at closing, you must also provide a settlement/Closing Statement)
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Savings, Checking or money market funds - provide copies of consecutive bank statements for the last 3 months.
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Stocks and bonds - provide copies of your statement from your broker or copoes of certificates.
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Gifts - If you will be using gift funds as part of your cast to close, please provide a recent bank statement form the donor prior to any funds being transferred.
If you currently own real estate, please forward the following items additionally for ALL properties owned:
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Copy of current mortgage paymment coupon/statment displaying full payments breakdown for principal, interest and escrows if applicable.
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Copy of current property tax bill to confirm total property taxes owed on property (all municipalities).
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Copy of hazard insurance declarations page to confirm total homeowner's insurance premium owed on the property.
If you are looking to REFINANCE, please forward the following items additionally:
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Please contact your exisitng mortgage company and request a payoff statement for the property being refinanced.
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Please forward a copy of your existing NOTE and Warrantly Deed for the subject property.
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Please forward a copy of your exisitng property survey.