list of documents you’d need
all borrowers
- Two years employment history
- Income: Most current 30 days paystubs, Social Security Award Letter, Pension Award Letter
- Most current two months bank statements for account used for the down payment, closing costs, and cash reserves
- Copy of Government-issued ID
- Most current two years W2’s
- Signed tax returns for last two years, if applicable
- For all owned properties: mortgage statement, homeowners insurance, and HOA bill (if applicable)
- For all investment properties: copies of lease agreement, mortgage statement, property tax, homeowners insurance, and HOA bill (if applicable)
- For any properties pending sale: Initial Closing Disclosure and Final HUD-1
PURCHASES
- Sales Contract (when available)
- Homeowners Insurance for Subject Property
- Proof of Earnest Money Deposit clearing your account – transaction printout (must include debits, credits, running balance, and bank URL at the bottom of the page ) or a bank statement, if applicable
self-employed borrowers
- Most current three months business bank statements
- Most current two years 1099’s or K1 forms
- Copies of signed business tax returns for last two years
- YTD Profit and Loss Statement and Balance Sheet
- Copy of Business License or CPA contact information