The documentation required for the majority of loans includes the following:

  • W2s for the most recent two years
  • Two current pay stubs
  • Personal federal tax returns with all schedules and k-1s for the most recent two years
  • Entity tax returns (corporations, partnership etc.) for the most recent two years, if applicable
  • Two months of complete asset statements (checking, savings and brokerage)
  • Mortgage, property tax and insurance statements for all real estate owned

Self-employed borrowers, owners of rental properties and some other situations may call for additional items and we’d be happy to discuss your particular situation and answer any questions.

The Process 

We are available to answer questions 24/7 and will keep you current throughout the process with updates on our status.  A brief overview of the loan process is as follows.

  • Borrower provides a financial package (see above)
  • We complete your application, confirm eligibility and qualifications and upload
  • Disclosures are issued
  • Rate can be locked and appraisal can be ordered
  • Preliminary approval is issued by lender
  • Conditions are provided
  • Final approval is issued by lender
  • Docs are drawn
  • Estimated closing statement is reviewed
  • Docs are signed
  • Loan is funded
  • Title is recorded

Please feel free to contact us with any questions you may have about the documentation of loan process.