In applying for a home loan, certain information is helpful in speeding the processing time. Below is a list of typically required documentation.

ALL LOANS

• Last two years W-2 statements or K-1's.
  
• Paystubs from present employer covering at least the most recent thirty days.
• For self employed borrowers: Last two years tax returns along with a year-to-date profit and loss statement.
  
• For borrowers who own 25% or more of any corporation/partnership, last two years corporate/partnership tax returns along with a year-to-date profit and loss statement and current balance sheet.
  
• Three months most recent bank statements.
  
• Documentation of any assets listed on loan application which do not fall under the heading of "bank statements". Must cover a three month or one fiscal quarter period.
  
• If a gift is being used for this transaction; original gift letter signed by donor and documentation of donor's funds (i.e. three months bank statements or similar documentation) Evidence of reciept and deposit of gift funds into a liquid personal account.
  
• For any rental properties owned; copies of leases and mortgage coupons or payment stubs.
  
• If applicable, final signed divorce property settlement agreement or separation agreement.
  
• Copy of drivers license or government issued photo identification for all borrowers (FHA loans only).
  

Purchase Loans:

• Copy of sales contract for subject property signed by borrowers and sellers including all addendums.
  
• Copy of cancelled earnest money deposit check (front and back).
  
• Copy of HUD-1 settlement statement from sale of previous home (iff applicable) showing net proceeds from sale.
  
• Refinance Loans:
• Mortgage coupon or payment stub and copy of property deed.
  
• Survey and Title Policy, if available.
  
• Most current year-end mortgage loan statement