Buying a Home

As part of your application for buying a home, you’ll want to gather:

  • Residence history for the past two years
  • Legible copy of photo ID for each borrower
  • Employer name(s), job title(s), and dates of employment for the past two years
  • W-2s for the past two years (as well as 1099s and K1s if applicable)
  • Federal returns for the past two years (including all pages and schedules) and business tax returns if applicable (25% or more ownership)
  • Current pay stubs covering the most recent 30-day period
  • Bank statements for the past two months (all number pages, even if blank or advertisement)
  • Investment and retirement account statements for the past two months or most recent quarter (all numbered pages)
  • Name and contact information for homeowners insurance agent

Refinancing a Home

As part of your application for refinancing, you’ll want to gather:

  • Residence or landlord information for the past two years
  • Employer name(s), address(es), and dates of employment for the past two years
  • W-2s for the past two years (as well as 1099s and K1s if applicable)
  • Federal tax returns for the past two years, all pages and schedules, and business tax returns if applicable (25% or more ownership)
  • Current pay stubs covering a full 30 day period
  • Bank statements for the past two months – all numbered pages even if blank or advertisement
  • Signed letter of explanation for any deposits greater than 50% of your qualifying monthly income. Underwriting will also require a paper trail to verify the explanation
  • Legible copy of photo ID for each borrower
  • Home insurance policy declaration page showing renewal date and premium amount
  • Investment account statements for the past two months – all numbered pages
  • Retirement account statements for the past two months or most recent quarter – all numbered pages
  • Signed letter of explanation for any credit inquiries within the last 120 days
  • Copy of current mortgage statement