Documents You May Need

Your Property.

• Copy of signed sales contract including all riders

• Verification of the deposit you placed on the home

• Names, addresses and telephone numbers of all realtors, builders, insurance agents and attorneys involved

• Copy of Listing Sheet and legal description if available (if the property is a condominium please provide condominium declaration, by-laws, and most recent budget)

Your Income.

• Copies of your pay stubs for the most recent 30-day period and year-to-date

• Copies of your W-2 forms for the past two years

• Names and addresses of all employers for the last two years

• Letter explaining any gaps in employment in the past 2 years

• Work visa or green card (copy front & back)

If self-employed or receive commission or bonus, interest/dividends, or rental income:

• Provide full tax returns for the last two years PLUS year-to-date Profit and Loss statement (please provide complete tax return including attached schedules and statements. If you have filed an extension, please supply a copy of the extension.)

• K-1’s for all partnerships and S-Corporations for the last two years (please double-check your return. Most K-1’s are not attached to the 1040.)

• Completed and signed Federal Partnership (1065) and/or Corporate Income Tax Returns (1120) including all schedules, statements, and addenda for the last two years. (Required only if your ownership position is 25% or greater.)

  If you will use Alimony or Child Support to qualify:

• Provide divorce decree/court order stating amount, as well as, proof of receipt of funds for last year

  If you receive Social Security income, Disability or VA benefits:

• Provide award letter from agency or organization

  Source of Funds and Down Payment

• Sale of your existing home – provide a copy of the signed sales contract on your current residence and statement or listing agreement if unsold (at closing, you must also provide a settlement/Closing Statement)

• Savings, checking or money market funds – provide copies of bank statements for the last 3 months

• Stocks and bonds – provide copies of your statement from your broker or copies of certificates

• Gifts – If part of your cash to close, provide Gift Affidavit and proof of receipt of funds

• Based on information appearing on your application and/or your credit report, you may be required to submit additional documentation

  Debt or Obligations

• Prepare a list of all names, addresses, account numbers, balances, and monthly payments for all current debts with copies of the last three monthly statements

• Include all names, addresses, account numbers, balances, and monthly payments for mortgage holders and/or landlords for the last two years

• If you are paying alimony or child support, include marital settlement/court order stating the terms of the obligation

• Check to cover Application Fee(s)