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Anything you submit over our website is 100%, fully secure. You can feel confident your information is private and only used for the purpose of your loan. To help expedite your loan, here is a list of the information we use when considering your loan application. Social Security Number
For borrower and co-borrower. Employment History
For the last two years, employment dates, addresses, salary.
Current pay stubs (for 1 month) and W-2 forms (for two years). Check and Savings Accounts and Certificates of Deposit
Location of bank accounts, account numbers and balances; address of bank if out of town, and last three months' statements (all pages) Stocks, Bonds, and Investment Accounts
Broker's name and address, description of stocks, bonds, etc.
Last three months' statements or copies of stock certificates Retirement Plan
Approximate vested interest value and copy of latest statement. Automobiles
Make and model of automobiles and their resale value. Other Assets
Market value of personal and household property. Liabilities and Other Non-Mortgage Debt
Creditors names, addresses, account numbers, monthly payments and balances. Other Income Information You May Need: |
If you're self-employed:
Two years tax returns (all schedules), profit and loss statements, both company and personal if separate.
Current balance sheet and profit and loss statement if more than two months into the new fiscal year, signed by CPA. If you have income from:
Commission, Overtime, Bonus, Partnership, Rental Property, Trust, Notes Receivable and Interest/Dividends, you'll need two years' personal federal tax returns. If employed in family business:
Personal federal income tax returns and all schedules for the past two years. If divorced or separated
Complete executed divorce decree and settlement agreement.
Payment history of alimony/child support over the past 12 months, if it is a financial obligation.
If you choose to have this be considered as part of your income (you don't have to), be prepared to provide 12 months canceled checks or bank statements reflecting income deposits. Name and address of all mortgage lenders for the past 24 months, account numbers, monthly payments and balances. If you've sold your home but not closed:
A copy of the sales contract. If you've sold your home, closed and you will use the proceeds for your new down payment:
A copy of the HUD-1 Uniform Settlement Statement. Name, address and phone number of landlords for the past 24 months. Purchase sales contract or offer to purchase and all addenda.
Furnish contract with original signatures of buyer and seller.
If a source of your down payment is a gift:
Name, address and relationship of donor.
Gift funds will be verified in both the donor and recipient's accounts.
For FHA Financing:
Evidence of Social Security Number and photo identification. For VA Financing:
DD214 and Certificate of Eligibility For Construction/Perm Loan:
Signed construction with cost breakdown, builder plan and specifications. If you have any questions about what is needed for your loan or home financing in general, don't hesitate to call us - 781-719-4664.
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