DOCUMENTS NEEDED

Documents Purchase Refinance
Identification Documents Purchase Refinance
Driver's License . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes Yes
Social Security Card . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes Yes
Income Documents
Salaried Purchase Refinance
Pay Stubs for two recent pay periods . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes Yes*
Last two years W2 forms, 1099's . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes Yes*
Last two years 1040 (Personal Federal Tax Returns) with all supporting schedules. Yes Yes*
Self Employed
Current year's Year to date Profit and Loss Statement to current month Yes Yes*
Last two years - Form 1120S / Form 1065 / Form 1120 Federal Corporate tax
returns only with all supporting schedules
Yes Yes*
Last two years - K-1's with all supporting schedules Yes Yes*
Other Income
Retirement Benefit Award letters with proof of three years continuance Yes Yes*
Social Security Award Letter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes Yes*
Disability Award Letter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes Yes*
Divorce Decree, Child Support Order & DES received payment history Yes Yes*
Asset Documents Purchase Refinance
Checking / Saving Bank Account Statements: Bank statements for recent two
consecutive months
Yes Yes*
Gift Funds: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
  • Completely filled Gift letter signed by the donor
  • Donor's bank statement
Yes No
Retirement Accounts / Stocks and Bonds. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
  • Recent statement covering minimum of 60 days
  • Terms and Conditions of Withdrawal confirming sufficient access to
    withdraw funds whenever required
Yes Yes*
Transaction Specific Documents
Purchase Purchase Refinance
Purchase / Sales Contract or Offer to Purchase with all Addenda
(Attachments and Enclosures)
Yes No
Copy of the Earnest Money Check and Receipt from the Title / Escrow company Yes No
Mortgage statements for mortgages associated with other properties owned Yes Yes*
Refinance
Mortgage statements for mortgages associated with other properties owned Yes Yes*
Current Mortgage Statement(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . No Yes*
Homeowner's Insurance Declaration page reflecting annual premium No Yes*
Tax Bill / Tax Certificate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . No Yes*
Current Homeowners' Association (HOA) bill . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . No Yes*
*Not required, in case of a streamline refinance program.