There are a few items we will need from you to get started with the process of approving your loan.  Please don’t let the list below intimidate you; we try to be thorough so we can guarantee your loan approval and close your escrow quickly.  The sooner we have these documents the faster we can close your loan.

FILL OUT A LOAN APPLICATION

This is the very first step.  The easiest way to do this is to press ‘Apply Now’ at the bottom of this page. Please include as much personal and employment information as you can to help speed the process along.  To save time, you can ballpark the numbers in the “Assets” and the “Liabilities” section of the application. We will be able to get all the specifics from your bank statements, and your credit report.  

INCOME DOCUMENTATION

• Last two concurrent years personal Federal 1040 tax returns (with all schedules attached)
• Last two concurrent years W-2s, and/or K-1s

For income earned as an employee:

• Last two concurrent paystubs showing YTD totals
• Contact name and number/email address for an HR or Payroll department representative to verify employment.
• If you received bonus/comission income, providing the year-end paystubs from the previous two years is helpful

For self-employment income:

• Last two Federal tax returns for the business (Forms 1120 or 1065)
• Year-to-date Profit and Loss, and Balance Sheet statements for current year

For retirement/other income:

• Any Social Security, pension, disability, or VA benefit award letters, etc. (if applicable)

ASSET DOCUMENTATION

Complete personal bank statements for the past two months. Please include all numbered pages, even if ‘intentionally left blank’.

• Personal checking accounts
• Personal savings accounts
• Investment account statements for the past two months, or the last quarterly statement

NOTE: Corporate/business accounts with business names on the statement may not be usable for your transaction without additional documentation.

LIABILITY DOCUMENTATION

• Your last mortgage statement for all mortgages (or equity lines) on any/all properties currently owned
• Home insurance policy information (Policy declarations page) for any/all properties currently owned
• Copy of the HOA bill for any/all properties currently owned (if applicable)