| In general, the documentation you will need includes: | |||||||||||||
This list is intended to be comprehensive and cover various different borrowers. Many of these documents may not be applicable to you, or fewer documents may be requested by the lender. You loan consultant will provide you with a custom tailored list at the time of your application. | |||||||||||||
| Property Information (if you already have a contract on a house) | |||||||||||||
| Purchase Agreement. | |||||||||||||
| Copy of legal description and MLS sheet. | |||||||||||||
| If you are selling your current home, copy of listing contract. | |||||||||||||
| If you have sold your current home, copy of settlement statement (HUD-1). | |||||||||||||
Income & Assets | |||||||||||||
| Pay stubs for the last 30 days. | |||||||||||||
| For the past two years: | |||||||||||||
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| Statements for each bank, mutual fund, and/or investment account for the last three months. | |||||||||||||
| If you have made any large deposits to your accounts: | |||||||||||||
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| If you own more than 25% of a business: | |||||||||||||
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| If self-employed: | |||||||||||||
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| If you own rental property: | |||||||||||||
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| If you are retired: | |||||||||||||
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| If you receive Social Security: | |||||||||||||
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| If you are counting child support as income: | |||||||||||||
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Debts | |||||||||||||
| Names, addresses, account numbers, balances and monthly payments on all current loans. (may be obtained from credit report) | |||||||||||||
| Explanation of credit report anomalies, including: | |||||||||||||
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Miscellaneous | |||||||||||||
| Photo ID and proof of Social Security number. | |||||||||||||
| Residence addresses for the past two years. | |||||||||||||
| If applicable, a copy of your divorce decree. | |||||||||||||
| If you are not a citizen, a copy of the front and back of your green card. | |||||||||||||
The Marimark Mortgage Newsletter will keep you informed with important events in the mortgage industry that could impact your finances.
We especially focus on ways to save money on your current and future mortgages. And, we continually share the information we share with our clients, because we believe informed consumers are the best consumers.
Real estate agents, and other professionals in the industry, will receive an ongoing wealth of information that will help them serve their clients.
