Document Checklist
Here is a checklist of the supporting documentation we will need in order to process your loan application. We strive for full documentation at the pre-approval stage to ensure your pre-approval is as strong as possible and to make sure to address any potential problems before you go under contract on your home.
ALL BORROWERS:
- W-2’s for the previous two years
- Paycheck stubs for the last 30 days (most current)
- Employment history for the last two years (address any gaps of employment)
- Checking and saving account statements for last 2 months (all pages). All non-payroll deposits must be documented – please make a copy of the check before you deposit it.
- Statements for 401(k)s, stocks, other investments (most recent)
- Signed tax returns from the last 2 years
- Residency history over the last two years, with name, phone number, address and account number of landlord or mortgage company
- If you paid off a mortgage in the last 2 years, need copies of HUD1 Settlement Statement or Release/Satisfaction
- Photo identification (valid Driver’s License or Passport) for applicant and co-applicant
SELF-EMPLOYED BORROWERS ADDITIONAL DOCUMENTS:
- Copies of most recent 2 years corporate tax returns (with all schedules)
- YTD profit & loss statement and balance sheet
- Copy of business license or CPA contact information
- 1099s or K1 forms
DOCUMENTS NEEDED FOR VA LOANS: Veteran DD214 or Veteran Reservists DD256, or if active duty, Statement of Service - Additional items may be requested during the loan underwriting phase if more information is required to guarantee your loan
DOCUMENTS WHICH MAY BE REQUIRED:
- If Refinancing: Copy of Note, Deed of Trust or Mortgage, HUD 1 Settlement Statement, Survey (in survey states), and Homeowner’s Insurance information
- Previous bankruptcy – need copies of Petition and Discharge, including supporting schedules
- Divorce Decree (if applicable)
- Relocation Agreement – if relocation move is financed by employer, i.e. buyout agreement plus documentation outlining company paid closing costs benefits
- Documentation supporting moneys received from social security/retirement/disability, i.e. copies of direct deposit bank statements, awards letter, evidence income will continue for at least 3 years
- Rental property – copies of leases, plus mortgage statement, homeowner’s insurance and property tax statements
- Bankruptcy discharge paperwork and original filing (if applicable)
- Foreclosure paperwork (if applicable)
Lakewood & Denver Loan Application Checklist
Call us with any questions you may have in regards to the load application checklist document. We are located in Lakewood, and Denver Colorado! 303-670-0137Home