FULL DOC LOANS

• Past two (2) years W-2 statements
• Pay Stubs covering the last (30) thirty days
• Three most recent monthly bank statements
• Most recent transaction summary of 401K, IRA, or Mutual Fund Accounts
• Photocopies of any stocks or certificates of deposits
• Copy of the purchase and sale agreement
• If you are currently renting….either 12 months canceled rent checks or the name and address of your current landlord
• If divorced…a fully executed divorce decree
• For a refinance...a copy of the deed, and most recent tax bill
• A letter of explanation for any known credit problems

  STATED LOANS

• For self employed borrowers, employed in sales, paid by commission, or if you own rental real estate:

• Two (2) years signed personal tax returns - including all schedules
• If self-employed through a corporation, last two years corporate returns as well as a year-to-date profit and loss statement and balance sheet
• 12 months personal bank statements OR 24 months business bank statements

True NO DOC loans require a score greater than 700 and loan amounts up to 95% (other conditions may apply)

Different programs require varying amounts of documentation. The loan program you select may require more or less documentation. Please contact us for a free, no obligation consultation.