The following information is usually required during the loan process:
Completed Mortgage Application Form 1003
Signed Authorization to Release Information Form
Signed Application Disclosure
Copy of fully executed purchase contract (purchase money mortgages only)
Copy of the recorded Deed (refinance and construction mortgages only)
Architectural plans (construction mortgages only)
Copies of real estate tax bill (refinance mortgages only)
Copies of last two (2) years W-2 forms and most recent 4 pay stubs
A person to whom we can direct your employment verification form - this will help to expedite the processing of your loan
Copies of your most recent two (2) years signed and dated income tax returns as well as a year to date Profit and Loss Statement and Balance Sheet are to be submitted with your application under the following circumstances:
If you are self-employed (include corporate and partnership returns, if applicable)
If you own rental properties
If you are paid on a commission basis
Tax returns may be requested at our underwriter’s discretion
Copies of pension benefit statements and social security award letters, if applicable
Copies of your most recent three (3) months bank statements, mutual fund statements and stocks, if applicable
Copy of fully executed contract of sale if you are selling any other real estate owned
Copies of divorce decree and property settlement agreement to verify alimony and child support, if applicable
Copy of Home Equity Line of Credit Agreement, if applicable
Name, address and telephone number of current landlord or 12 months cancelled rent checks, if applicable
Name and address of person holding earnest deposit (purchase money mortgages only)
Copy of resident alien card, if applicable
Two forms of identification (per USA PATRIOT Act)
|