Employment Income Information
- Most recent pay stubs reflecting a 30 day period
- Two most recent year's W-2 forms
- Two most recent personal income federal tax returns – (All pages)
- Letter of explanation for any change in job or gap in employment
- If self-employed, proof of self-employment for a least two years
Business Income Information
(If applicable)
- Business income Federal Tax returns for most recent two years (All pages)
- Business financial statements
Asset Information
- Two most recent bank statements (ALL PAGES)
- Two most recent statements for investment and/or retirement accounts (ex. 401k, IRA, Mutual Funds, etc.) (ALL PAGES)
Credit Information
- Landlord name, address and phone number for last 2 years and most recent 12 months of cancelled rent checks
- Most recent mortgage statement or mortgage payments coupons
- Letter of explanation for credit inquires
- Letter explaining any derogatory credit items
Property Information
- Fully-executed Purchase & Sales Agreement for subject property
- Verification of earnest money deposit on subject property purchase including source of funds (bank statements)
- Homeowner's hazard insurance binder
- Satisfactory termite inspection
- Name and phone number of condo or co-op association representative
Other Sources of Income
(If applicable)
- Most recent Social Security Award letter
- Most recent 1099 form for all pension accounts
- Proof of receipt of child support (Ex. up to 12 months cancelled checks or banks statements to show deposits)
*If you have other sources of income not specified, please discuss documentation requirements with your Loan Officer
Other Information
(If applicable)
- Divorce decree and/or separation agreement, and if not specified in the agreement:
- Court ordered child support agreement
- Property settlement statement
- Alimony agreement
- Mortgage, tax, insurance and lease agreement documentation for other properties owned
- Trust Documents