Documents Needed For a Loan



Download a checklist:
Purchase
| Refinance


Documents Needed for Purchase:
 

  • Copies of W-2's for the last two years
  • Copies of your most recent 2 years tax returns
  • Copies of paycheck stubs for the last 30 days (most current)
  • Copies of checking and saving account statements for last 2 months (all pages)
  • Copies of quarterly or semi-annual statements for IRA's, CD's, money market fund, stock, 401k, profit sharing, etc.
  • Copy of drivers license for applicant and co-applicant
  • Copy of sales contract when ratified
  • Canceled earnest money check when it clears or corresponding bank statement, if applicable
  • Any assets used for down payment, closing cost, and cash reserves must be documented by a paper trail
  • Name, Phone Number, & Email for your Real Estate Agent
  • Insurance information for each property owned, If applicable
  • Copy of Mortgage Statement for each property owned, If applicable

 

Documents Needed for Refinance:
 

  • Copies of W-2's for the last two years
  • Copies of your most recent 2 years tax returns
  • Copies of paycheck stubs for the last 30 days (most current)
  • Copies of checking and saving account statements for last 2 months (all pages)
  • Copies of quarterly or semi-annual statements for IRA's, CD's, money market fund, stock, 401k, profit sharing, etc.
  • Copy of drivers license for applicant and co-applicant
  • Insurance information for each property owned
  • Copy of Mortgage Statement for each property owned

 

If Self-Employed:
 

  • Copy of current profit & loss statement and balance sheet
  • Copy of corporate/partnership tax returns for most recent 2 year period if owning 25% or more of company — copies of W-2's and/or 1099 forms

 

Documents needed for FHA/VA Loans:
 

  • FHA & VA: Copy of social security card
  • VA: Copy of DD214 Discharge Paper

 

Documents which might be required:
 

  • Divorce Decree if applicable
  • Documentation supporting moneys received from social security/retirement trust income, i.e. copies of direct deposit bank statements, awards letter, evidence income will continue.