|
Necessary
Documentation
The following documents will be needed in order to process the loan:
Salaried/W-2
Income Borrowers |
 |
Last two years W-2 forms from all employers within that time frame |
 |
Recent pay stubs for 1 complete month |
 |
Past 3 months bank statements for all checking, savings and money market accounts |
 |
Current account statement for all investment accounts to include mutual funds, stocks,
bonds, IRAs, Keogh accounts |
 |
Copy of social security/pension/retirement award letters (if applicable) |
 |
Complete copy of divorce decree (if applicable) |
 |
Complete copy of bankruptcy and discharge paperwork |
|
Self-Employed
Borrowers |
 |
Past 2 years tax returns with all schedules |
 |
Current year to date profit and loss statement |
 |
Current year to date balance sheet |
 |
Recent pay stubs for 1 complete month (if applicable) |
 |
Past 3 months bank statements for all checking, savings and money market
accounts |
 |
Current account statement for all investment accounts to include mutual
funds, stocks, bonds, IRAs, Keogh accounts |
 |
Copy of social security/pension/retirement award letters (if applicable) |
 |
Complete copy of divorce decree (if applicable) |
 |
Complete copy of bankruptcy and discharge paperwork |
|
The aforementioned documentation are merely a guideline for most loans
out on the market. You may need to provide additional paperwork to supplement your
loan file or further clarify other documentation.
|