REQUIRED DOCUMENTS

Information Needed at Your Application

1. Personal Information 

  • Valid government-issued photo ID for each borrower. 
  • Your residential history for the past two years. 

 

2. Income

Complete the income sections that apply to each borrower and the income you want considered.

  • Your employment history for the past two years. 

 

Salary and Hourly Pay

  • Your most recent pay stubs covering approximately 30 days. 
  • W-2 forms for the past two years
  • Your offer letter or employment agreement, if you recently started a job and it was requested. 

Overtime, bonuses, or commissions: Your loan officer may request additional earns history or employer verification. 

 

Self Employment, Business Ownership, and Contract Work

  • Your most recent two years of signed personal federal tax returns, including all schedules. 
  • Your most recent two years of business K-1s, if applicable
  • Your most recent two years of business federal tax returns, including schedules, if applicable. 
  • A current year-to-date profit-and-loss statement. 
  • Recent business bank statement and documentation of business ownership, if requested.  
  • Applicable 1099 forms.

Bank statement loans: Your loan office will confirm whether the proram requires 12 or 24 months of personal or business bank statements and any additional business documentation. Include all pages. 

 

Retirement and Benefit Income

  • Social Security benefit verification or award letter.
  • Pension or retirement benefit statement. 
  • Retirement account statements showing balances and distributions.
  • Applicable 1099-R or SSA-1099 forms. 
  • Documentation of other benefit income, if applicable. 

Your loan officer may also request proof of receipt or information about how long the income will continue. 

 

Rental Income

  • Your most recent two years of signed federal tax returns, including Schedule E, if applicable. 
  • Current signed lease agreements. 
  • Additional documentation for recently purchased or newly rented properties, if requested. 
  • Property expenses and mortgage statements are listed in the property category. 

 

Military and VA Benefit Income

  • Your most recent Leave and Earnings Statement if you are on active duty. 
  • Documentation of VA benefits you want considered as income, if applicable. 

 

Alimony, Child Support and Seperate Maintenance 

You do not need to disclose this income unless you want it considered for repayment. 

  • The applicable agreement or order and proof of receipt, if you choose to use this income. 

 

3. Assets

Funds for your Down Payment Closing Costs and Reserves

  • Your most recent two months of bank statements for accounts being used. Include all pages, even blank pages. 
  • Your most recent investment or retirement account statements, if those funds will be used. 
  • Proof of your earnest money deposit and the account it came from, if purchasing a home. 

 

Gift Funds and Proceeds From a Home Sale

  • Gift letter and documentation of gift funds, following your loan officer's introductions, if applicable.
  • Sales contract, mortgage payoff information, and final settlement statement for a home being sold, if requested. 

Let your loan officer know before transferring gift funds. We will provide a gift letter and instructions for documenting the funds. 

 

4. Property 

Buying a Home

Once your have a property under contract, provide:

  • The signed purchase agreement and any addenda. 
  • Your real estate agent's contact information. 
  • Your homeowners insurance agent's contact information, once selected. 

 

Refinancing Your Home

  • Your most recent mortgage statement and statements for any second mortgage or home equity line. 
  • Your homeowners insurance declarations page. 
  • Current property tax and association dues information. 

 

Other Real Estate and Rental Properties

  • Information about any other real estate you own, including mortgage statements and current property tax, homeowners insurance, and association dues information. 

 

5. Debts and Additional Documentation 

  • Information about debts you plan to pay off through the refinance, if applicable. 
  • Relevant portions of a divorce decree, separation agreement, or court order, if needed to document financial obligations or property ownership. 
  • Discharge, court, or property documents identified by your loan officer for a previous bankruptcy or foreclosure. 
  • School transcripts, a diploma, an employment offer, or additional employment history, if requested for a recent graduate or borrower returning to work. 

 

6. VA Loan Eligibility 

For veterans and active-duty service members using a VA loan: 

  • Certificate of Eligibility, if available. Your loan officer can help request it. 
  • DD214, statement of service, or other service documentation, as applicable.