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 months' 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 declaration page evidencing annual premium and 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.

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.