Documentation Required For Loan Transactions

Purchases

• Completed loan application
• Last 2 years W2s
• Last 30 days paystubs
• Last 2 months bank statements (all pages even if the last page is blank or an advertisement) - must show account number, bank name, customer name, and all transaction history for two months
• Any other asset accounts you may have (stocks, 401k, mutual funds, etc.) - Although this may not be required, it may strengthen your file and provide a better chance for approval.
• Photo ID - must be clear, unexpired, and legible
• Social Security Card
• Sales contract with title company/attorney information
• Retirement verification (if applicable)
• Social Security Awards letter (if applicable)
• DD214 - This is needed so we can obtain your Certificate of Eligibility

Cash Out Refinances

• Completed loan application - no assets need to be listed
• Last 2 years W2s
• Last 30 days paystubs
• Photo ID - must be clear, unexpired, and legible
• Social Security Card
• Retirement verification (if applicable)
• Social Security Awards letter (if applicable)
• DD214
• Note, HUD1 Settlement Statement, and mortgage from original loan
• Insurance Declaration Page
• Mortgage Statement/Stub

IRRRL

• Completed Loan Application - no income or assets needed
• Note from original loan
• Insurance Declaration Page
• Photo ID - must be clear, unexpired and legible
• Social Security card
• Mortgage Statement/Stub

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