Your loan approval depends 100% on the documentation that you provide at the time of application. You will need to give accurate information on:

 

Employment

 

• Complete Income Tax Returns for past 2-years

• W-2 & 1099 Statements for past 2-years

• Pay-Check Stubs for past 2-months

• Self-Employed Income Tax Returns and YTD Profit & Loss Statements for past 3-years for self-employed borrowers

 

Savings

 

• Complete bank statements for all accounts for past 3-months

• Recent account statements for retirement, 401k, Mutual Funds, Money Market, Stocks, etc.

 

Credit

 

• Recent bills & statements indicating account numbers and minimum payments

• Landlord's name, address, telephone number, or 12- months canceled rent checks

• Recent utility bills to supplement thin credit

• Bankruptcy & Discharge Papers if applicable

• 12-months canceled checks written by someone you co-signed for to get a mortgage, car, or credit card; this indicates that you are not the one making the payments.

 

Personal

 

• Drivers License

• Social Security Card

• Any Divorce, Palimony or Alimony or Child Support papers

• Green Card or Work Permit if applicable

• Any homeownership papers

 

Refinancing or Own Rental Property

 

• Note & Deed from any Current Loan

• Property Tax Bill

• Hazard Homeowners Insurance Policy

• A Payment Coupon for Current Mortgage

• Rental Agreements for a Multi-Unit Property