Mortgage Checklist

Personal Information for each applicant needed to complete the application.

-      Social Security Number

-      2 years residency information

-      2 years of employment history

-      Income amount

-      Asset information
 

Documents for each applicant during needed during the loan review process.

Ø  Proof of Income documents may vary by source/type of income.

-      Current pay stubs (thirty days)

-      Social Security Award Letter

-      W2 forms for prior two years

-      Personal tax returns for prior two years

• -      Business tax returns for prior two years (if self-employed)

Ø  Asset documents to verify source of funds needed for closing and/or required reserves.

-      Bank statements for the past two months

-      Investment account statements for the past two months

-      Retirement account statements for the past two months
 

Ø  If you currently own a home or are applying for a refinance, we will also need documents for your current home, including but not limited to: 

-      Home insurance policy information

-      Home equity account information (if applicable)

-      Recent mortgage statement

-      Copy of Lease contracts if property is used for rental income

Expect additional documents to be requested throughout the process.