Loan Process > Step One: Organize Your Documents

 

 

.        Buying / Refinancing a home

1.    If you are salaried: provide most recent two years W-2 and one month of paystubs If you are self-employed: provide two most recent two years tax returns and a YTD profit and loss statement

2.    If you own rental property, please provide rental agreements and most recent two years tax returns.

3.    If you wish to speed up the approval process, please also provide three months bank statements for each bank, stock and mutual fund account.

4.    Provide most recent copies of any stock brokerage or IRA/401K accounts that you may have.

5.    If you are requesting a cash out refinance, please provide a letter explaining what you plan to do with the proceeds.

6.    Provide a copy of divorce decree, if applicable.

7.    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.

 

 

.        Applying for a home equity loan

1.    If you are salaried: provide most recent two years W-2 and one month of paystubs If you are self-employed: provide most recent two years tax returns and a YTD profit and loss statement

2.    If you own rental property, please provide rental agreements and most recent two years tax returns.

3.    Please provide a copy of the note on your first mortgage. This will normally be found in your closing loan documents.

4.    Please provide a signed letter explaining what you plan to do with the proceeds.

5.    Provide a copy of divorce decree, if applicable.

6.    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.

 

 

Step 2: Get Qualified