|
1. |
Loan
Application* |
Call
us and we can complete this on the phone in 10 minutes. |
|
2. |
Credit Report |
Complete this form and fax it to us, so we can pull your credit
report. |
|
3.
|
Earnings
|
Pay Stubs covering
the last (30) thirty days or if your self-employed, YTD earnings
summary. Need to show Debt to Income Ratio of 40% or 45% or 50%,
depending on the program. |
|
4.
|
History of
Earnings |
Past two (2)years
W-2 statements or if self-employed, 1040's and all schedules. |
5.
|
Reserves
|
Last two months
banks statements (provide all pages). Can use 401K, IRA, or
Mutual Fund Accounts) Need
to have reserves of 2 to 6 months depending on program. |
|
6. |
Purchase
Transactions |
Copy of the
Purchase and Sale Agreement. |
|
7. |
Home Insurance |
Coverage declaration page, include agent's name and number. |
|
8. |
Good Faith
Estimate* |
AKA
Mortgage Loan Disclosure Statement, provides estimate of closing
costs, interest rate & payment terms. |
9.
|
Required
Disclosures* |
ECOA,
Borrower's Authorization, Mortgage Broker Fee, Disclosure, Fair
Lending Notice, Right to Receive copy of Appraisal, Credit Score
Information Disclosure, Privacy Disclosure |
|
10. |
Recent sale of a home or
Refinance |
Copy
of the closing HUD-1 statement. |
|
11. |
Verification of Rent |
If you are
currently renting, provide either 12 months canceled rent checks
or a Verification of Rent form by your landlord. |
|
12. |
Divorce
Decree |
If
divorced a fully executed divorce decree. |
|
13. |
Not US Citizen |
Provide us with information from your green card, or if you are
NOT a permanent resident provide us with your H-1 or L-1 visa. |
|
14. |
Rental Property |
Provide rental agreements and two years tax returns. |
