Documents Required to Pre-Qualify for a Purchase or Refinance Mortgage
Information needed at time of application
Purchase/Refinance Loans and Instructions for completing loan application
- Complete and sign 3 or 4 page residential loan application Form 1003 and attached loan info sheet, credit authorization and fair lending notice. Page 4 of the application is a continuation page in case you need additional space for your assets or liabilities. If you make a mistake while filling out the application cross it out, and make a change. Do NOT use white out. Application can be filed out online.
- If you are salaried: provide two years W-2 and one month of pay check stubs OR if you are self-employed: provide two years tax returns and a YTD profit and loss statement.
- If you own rental property, please provide rental agreements and two years tax returns.
- If you wish to speed up the approval process, please also provide three months bank statements for each bank, stock and mutual fund account.
- Provide recent copies of any stock brokerage or IRA/401K accounts that you may have.
- If you are requesting a cash out refinance please provide a letter explaining what you plan to do with the proceeds.
- Provide copy of divorce decree if applicable.
- If you are NOT a US citizen provide us with a copy of your green card (front & back), or if you are NOT a permanent resident provide us with your H-1 or L-1 visa.
- For a Purchase provide a copy of the Fully Executed Sales Contract.
- Provide a copy of your drivers license and social security card.
- For a Refinance please provide a copy of your property survey(looks like a small blue print).
- For a Refinance please provide a copy of mortgage coupon/statement and a copy of Home Owners Insurance.
Credit Lines/Home Equity Loans
- Complete and sign 3 or 4 page residential loan application Form 1003 and attached loan info sheet, credit authorization and fair lending notice. Page 4 of the application is a continuation page in case you need additional space for your assets or liabilities. If you make a mistake while filling out the application cross it out, and make a change. Do NOT use white out.
- If you are salaried: provide two years W-2 and one month of pay check stubs OR if you are self-employed: provide two years tax returns and a YTD profit and loss statement.
- If you own rental property, please provide rental agreements and two years tax returns.
- Please provide a copy of the note on your 1st mortgage. This will normally be found in your closing loan documents.
- Please provide a signed letter explaining what you plan to do with the proceeds.
- Provide copy of divorce decree if applicable.
- If you are NOT a US citizen provide us with a copy of your green card (front & back), or if you are NOT a permanent resident provide us with your H-1 or L-1 visa.
We use the most cutting edge technology to close loans quickly and at a low cost, by combining the Internet along with advanced processing software and automated underwriting systems. We have taken the mystery out of approving and closing and home loan. This means that can now get a loan faster, at a lower cost, with less paperwork and with less stress!
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