Document Checklist and Instructions

A properly documented loan application makes your loan process go smoothly. This checklist will help you gather your paperwork.

1. Complete and sign the residential loan application, Form 1003, and the attached loan info sheet, credit authorization and fair lending notice. Page 4 of the application is a continuation page in case you need additional space for your assets or liabilities. If you make a mistake while filling out the application cross it out, and make a change. Do NOT use whiteout.
2. If you are salaried: provide W-2's for the most recent two years and your most recent 30 days of paystubs. If you are self-employed, provide 1099's and tax returns for the previous two years, including all schedules, and a YTD profit and loss statement if applicable.  You may also be asked for a CPA Letter verifying self-employment.
3. Please provide bank statements for the most recent two months, and recent statements for stock, mutual funds and IRA/401K accounts. ( Note: All pages are required if statements have detail pages.)
4. The U.S Patriot Act requires that we verify a Borrower's Identity. You will be required to provide identification in the form of Drivers License, State ID, Visa, Passport, etc.

(Note: Provide copies of all requested documents. Do not provide original documents.)

The following may be requested to complete your loan request if applicable:

1. If you own rental property, provide recent rental agreements along with your tax returns.
2. If you are requesting a cash out refinance, you may be asked to provide a letter explaining how you will use the refinance proceeds.
3. If divorced or if maintenance or child support is involved, you wil be required to provide a copy of your divorce decree and settlement agreement, including child support documentation.
4. If you are NOT a US citizen, provide a copy of your residency card (front & back). If you are NOT a permanent resident provide a copy of your H-1 or L-1 visa.
5. If any borrower has filed bankruptcy, provide the Discharge Notice, Filing and Schedule of Creditors.
6. If you are applying for a home equity line of credit or loan (second loan), also include your first mortgage note. (This should be with your closing loan documents.)