The following is a complete list of all items an underwriter could request in a loan transaction. Most loans today are processed with automated underwriting which reduces the amount of documentation required to approve a loan. Please do not be overwhelmed.

1. Current paycheck stub/s covering a one month period.
2. W-2’s for the last two years.
3. Your most recent three months of bank statements. Including retirement and investments (all pages of every statement).
4. The last two years of your rental or mortgage history. Rental or landlord name and phone number, mortgage coupon or statement with address and account #s’ for payoff must be included.
5. If You Are:
   
   • Self-Employed – complete last 2 years 1040’s.
   • Corporations – complete 2 years 1120 tax returns if you hold 25% or more stock in the company.
   • Partnerships – complete 2 years 1065 tax returns if 25% or more ownership in the company. K-1’s must be provided if there is a partnership or corporation.
   • Tax extensions filed must be submitted.
   • 1099 income – Complete last 2 years of 1040’s.
   • Proof of self-employment with a no-income verification loan. I.E. Business license, sales tax license, or CPA letter certifying minimum 2 years self-employment.
6. Divorce decree and separation agreement.
7. Bankruptcy papers (complete filing plus discharge papers).
8. Current rental leases on all income properties, complete two year 1040’s.
9. Copy of signed purchase contract with earnest money check. Realtor’s names and phone numbers.
10. Old title work, surveys and/or appraisals are very helpful in expediting the process (refinance only).
11. Copy of note on first mortgage (second mortgages only).
12. Homeowners Association dues, condos/townhomes-property manager & phone numbers.
13. Listing agreement/copy of contract for house being sold for down payment and a copy of the signed settlement statement, proof it is sold (purchase only).
14. DD214 (required on VA loan only).
15. Subordinating second mortgage - (refi-not paying off 2nd mortgage). Second mortgage company’s phone #, contact person, and loan #.
16. 12 mo. Cancelled checks on alimony/child support income or 12 months bank statements evidencing monthly deposits that match the income exactly.
17. Gift Letter (should state relationship, amount gifted by each donor, no repayment) cashier’s check or money with remitter/receiver referenced. Include name, address and phone # of donor. Specify (will gift/have gifted as of date).
18. A copy of your valid identification (any one of the following current ID’s):
    • State ID Card
    • Passport
    • Driver’s License