Requirements To Get A Loan

Getting a mortgage loan approved is not the easiest process

“Buying your first home is an intimidating process for many people and understanding mortgage requirements come with an expensive learning curve.”

First Time Home-Buyer(s)

Buyers who don’t currently own a home

2 Years Tax Returns

2 Years W2’s

IF YOU ARE APPLYING FOR A DOWN PAYMENT ASSISTANCE PROGRAM, PLEASE PROVIDE 3 YEARS TAXES AND W2’S

1 Month of Current Paystubs

2 Months Bank Statements

401k Statement (If Applicable)

Divorce Decree (if divorced)

Child Support Documentation (if applicable)

Alimony Documentation (if applicable)

If You Currently Own a Home, “Investor” and/or “REFINANCE”

2 Years Tax Returns • 2 Years Tax Returns (not applicable if applying for Streamline)

If Incorporated, please include 2 years Corporation tax returns all schedules

2 years W2’s (if wage earner or if paid through corporation) (not applicable if streamline)

1 Month Current Paystubs (not applicable if streamline)

2 Months Bank Statements

401K Statement (most current quarterly statement)

Divorce Decree (if divorced)

Child Support Documentation (if applicable)

Alimony Documentation (if applicable)

Current Mortgage Statement for all properties financed

Property Tax Bill (for all properties owned, paid off or not)

Home Owners Insurance Declaration Page (for all properties owned)

Lease Agreements (for all rental properties owned)

If you have a “Home Equity Line of Credit” – Will need copy of “NOTE” along with mortgage statement