Every situation is unique and may require more (or less) documentation. This is a list of the most common documents needed when applying for a loan. Don’t worry, we’ll be your guide every step of the way to keep the entire loan process simple.
All Borrowers:
- Copies of W-2s and complete tax returns for the past two years
- Copy of driver’s license for all borrowers
- Two recent consecutive pay stubs showing year-to-date earnings
- Complete copy of checking and saving account statements for past two months
- Complete copy of most recent statement for retirement or investment account(s)
Purchase:
- Fully executed copy of sales contract
- Copy of canceled earnest money (deposit) check or corresponding bank statement when cleared
- Name, address, and contact information of homeowners insurance agent
Refinance:
- Copy of most recent mortgage statement
- Copy of the note if FHA, VA, or USDA
- Copy of homeowners insurance declarations page
Self-Employed Borrowers:
- Complete copy of your past two years’ business tax returns
- Current profit and loss statement and balance sheet
- Copy of most recent three months business bank statements
Documents Which May Be Requested
- Relocation agreement if move is financed by employer
- Previous bankruptcy or foreclosure - complete copy of discharge papers
- Divorce decree if paying or receiving child support and/or maintenance
- Copy of Social Security or disability award letter or other proof of income and continuance for three years
- Original certificate of eligibility and copy of DD214 discharge paper
- Name and address of nearest living relative