Standard Loan Documents

The following items are traditionally used to support your application; however, you do not have to send in documentation to begin the process. Using an automated underwriting system, we are often able to proceed with streamlined documentation requirements once your application has been reviewed. Nevertheless, since automated underwriting cannot be used in all scenarios, we do recommend that you begin compiling these documents so that you are prepared if we ask for them.

W-2's for each applicant for the 2 previous years.
Last two years tax returns if self employeed or if over 25% of income is derived from commissions or bonuses.
30 days recent consecutive pay stubs. 5 stubs if paid weekly, 3 stubs if paid every 2 weeks or semi-monthly, 1 stub if paid monthly. If you do not save your pay stubs, begin saving them now.
3 most recent statements of account for each bank account, savings account, money market account, cash management account, stock or mutual fund brokerage account, IRA, certificates of deposit, or employee retirement account currently used by each applicant.
Copy of divorce decree for each applicant that either pays or receives alimony and/or child support.
Record from child support office showing payments received for the prior 12 months. (You must provide this record only if you rely on the child support received to qualify for the requested loan).
Copy of sales contract or purchase agreement for property being purchased (inapplicable on refinances).
Copy of declarations page from the homeowner's/hazard insurance policy for the property (refinances only).
If you derive a portion of your income from social security benefits, please provide the most recent Social Security Award Letter indicating the amount of your current monthly payments from social security.
Copies of current lease agreements for each residential rental property that you own.