The following information is usually required during the loan process:
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Photo identification (such as a valid driver’s license).
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Two most recent years of complete personal tax returns with W-2 forms including all schedules.
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Your most recent pay stub(s), reflecting 30 days of year-to-date income.
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If you are self-employed, business federal tax returns for the last two years, your business balance sheet and profit and loss statement for the year-to-date.
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Complete copies (ALL pages) of your checking and savings statements for the last 2 months for all accounts being used for down payment, reserves and closing cost funds.
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Divorce decree and property settlement agreement, if applicable.
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A list of residences for the past 2 years including landlord, mortgage and/or land contract holder name, address and/or account numbers.
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A fully executed copy of the purchase agreement or building contract for the property you are buying or building, including a legal description of the land and ALL addendums.
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Current home insurance (for refinances)
A written Good Faith Estimate of Closing Costs will be provided, and a processing fee of $450 will be required upon your indication of intent to continue with the loan processing.
If you currently own real estate:
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Mortgage account information
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Home insurance policy information
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Home equity account information (if applicable)
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