PERSONAL INFORMATION |
| Completed Loan Application - www.homeloanmortgageco.com/loanapplication |
| Signed Borrower Certification and Authorization (click here). |
| Copies of all borrowers’ Drivers’ Licenses and Social Security cards. |
| E-mail addresses for all borrowers and anyone that will be on title. |
INCOME DOCUMENTATION (As Applicable) |
| Most recent pay stubs covering 30-day period. |
| If Borrower has Bonus/Commission/Overtime income, HR Contact that can complete “Verification of Employment”. |
| Last two years W-2 forms. |
| Last two years personal Tax Returns (with all Pages and Schedules Attached) - SIGNED AND DATED. |
| If any borrower owns 25% or more of a business, last two years company Tax Returns (with all Pages and Schedules Attached) - SIGNED AND DATED. |
| Year to Date Profit & Loss and Balance Sheet (signed by preparer) and last three month's business bank statements. |
| Proof of Social Security, Pension, or Disability Income. Please provide copies of award letters and receipt of funds. |
ASSET DOCUMENTATION (As Applicable) |
| Two most recent months' bank/asset statements - all pages (even if blank). Please include Checking, Savings, Stock, Mutual Fund, iRA, 401k, etc. Please also include "Terms and Conditions of Withdrawal" for company sponsored retirement accounts (401k, etc.). |
| Copy of bank cleared earnest money check (front and back) and account activity printout/bank statement evidencing check cleared account. |
REAL ESTATE INFORMATION (As Applicable) |
| Copy of Sales Contract - Subject Property. |
| Copy of Sales Contract - Current Home. |
| Signed and certified Closing Disclosure/Settlement Statement for any property sold in last 12 months. |
| If currently renting, copies of last 12 months of canceled checks evidencing rent payments along with copy of lease (purchase transaction). |
| For rental properties owned, copy of current lease (expired leases must be accompanied by signed extensions) along with insurance policies evidencing annual premium and annual property tax bill. |
| Questionnaire for Condo/Townhome - Completed by Management Company. |
LETTERS OF EXPLANATION - SIGNED AND DATED (As Applicable) |
| Gift form completed and signed; paper trail of funds transfer; and donor's most recent bank statement evidencing ability to give gift. |
| Credit Problems. |
| Reason for Cash-out. |
| Gap in Employment/Job History. |
| Increase in Account Balance/Large Deposits (with paper trail of non-payroll deposits). |
| Recent Credit Report Inquiries (please state each by name and if any new debt was obtained) – will request after credit is pulled. |
OTHER INFORMATION (As Applicable) |
| Homeowner’s insurance agent contact information. |
| Divorce Decree and Separation Agreement. |
| Complete bankruptcy papers (filing and discharge) along with signed letter of explanation. |
| If paying off a second mortgage, copy of HUD-1/Settlement Statement from closing evidencing second was used to purchase or was a cash-out. |
| If re-subordinating a second mortgage, copy of Promissory “Note”. |
| Copy of most recent mortgage statement for all loans. |
| | If any property owned is in an HOA, most recent statement evidencing HOA dues; otherwise, letter stating no HOA. |
| | If subject property has solar panels, financing company contact information and copy of financing terms. |
FHA LOANS |
| Copy of Closing Disclosure from original closing (refinance transaction). |
VA LOANS |
| Copy of DD-214. |
USDA LOANS |
| Signed letter stating number of adults and children, under 18, that will live in the household. |
| Last three pay stubs for ALL adults living in household (regardless if on the loan). |
| Last two years tax returns for all borrowers – all pages. |
CONSTRUCTION LOANS |
| Cost breakdown. |
| Plans/Specs. |
| Contract with builder. |
| Lot Purchase contract/Copy of Settlement Statement/HUD from lot purchase. |
| Builder’s resume and contact info. |