•  Year-to-Date Profit and Loss Statement (for self employed)

  •  Corporate or Partnership tax returns (if applicable)

  •  Pension Award letter (for retired individuals)

  •  Social Security Award letters (for those on Social Security)

  •  Most recent 30 day pays stubs.
      Regular Loans

  •  Credit report

  •  Name, address, and all income earned from all employers for the
      past two years

  •  List of employers for the past 2 years.

  •  List of assets include address, type of account, account
      numbers, balances.

  •  Homeowners Insurance Information (name and phone number of
      agent)

  •  Last 2 years’ W-2 forms.

  •  Last three months bank statements (all pages of statements).

  •  Current mortgage company name, address, phone numbers and
      account numbers (Purchase n/a)

  •  Copy of Driver's License or photo ID and social security number.

  •  List of all open credit accounts:
       • Charge accounts
       • Car loans (include account numbers, payment amounts, and
          balances)

Asset Items

  •  Statements for two months on all stocks, mutual funds, bonds.

  •  Checking or savings information.

  •  Copy of latest 401K statement (or other retirement assets)

  •  Explanations for any large deposits and source of those funds

  •  Copy of HUD1 Settlement Statement on recent sales of homes
      (see glossary for HUD1)

  •  Copy of Estimated HUD1 Settlement Statement if a previous
      home is for sale,but not yet closed

Credit Items

  •  Landlord's name, address, and phone number (for verification of
      rental, if you currently rent)

  •  Explanations for any of the following items which may appear on
      your credit report:
       • Late payments
       • Credit inquiries in the last 90 days
       • Charge-offs
       • Collections
       • Judgments
       • Liens

  •  Copy of bankruptcy papers if a bankruptcy shows up on your
      credit report or if you have filed bankruptcy within the last seven
      years

VA Loans

  •  Copy of DD214 - If you were in the military, you undoubtedly
      know what this is because when you get out of the service they
      constantly remind you to never ever lose this form. o For those
      that were not in the military, it is basically a one-page
      summary of an entire military career, including test scores,
      important dates, awards, and other military data.
 
2nd Mortgages / Home Equity Loans

  •  Copy of your first mortgage note

  •  Address of properties and current market value.

  •  Any debt owed on properties; Lender's name, address, account
      number, monthly payment, and current balance.

  •  Copy of previous two years Federal Income Tax Returns with all
      schedules.

  •  If rented, copy of lease.

  •  Copy of current Property Deed

  •  Copy of Homeowner’s Insurance declaration page(s)

Self Employed/Commissioned Pay

  •  Previous two years Federal Income Tax Returns with all schedules
      and a year-to-date profit and loss statement.

Other Miscellaneous

  •  Copy of purchase agreement (if you have already made an offer)

  •  Document receipt of child support (if you desire to show it as
      income)

  •  Copy of divorce settlement (to show the amount)

  •  Gift letter (if some of the funds come as a gift from a family
      member)

  •  If you have filed bankruptcy within the last seven years, Copy of
      petition and discharge and a handwritten explanation of reason
      for bankruptcy.