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Items needed for all FULL documentation loans:

 
  •   Pay stubs for the most recent 30-day period
  •   W-2 forms for the previous two years
  •   If self employed or more than 25% of your income is bonus, overtime, or commission, we also need signed tax returns for past 2 yrs.
  •  Documentation on any other income you wish to have considered, such as part-time income, rental income, alimony, child support, etc
  •   Employment history for the last two full year
  •    Three months consecutive financial statements on all asset accounts (all pages); checking, savings, CD`s, stocks, mutual funds, 401-K, etc. (If statements are quarterly, then most recent statement
  •   General value of other assets such as cars, personal property, insurance, etc...
  • Copy of most recent mortgage statement
  • Name, address and phone number of landlord for the last 24 months
  • Copy of the sales contract
  • Copy of canceled earnest money check
  • Copy of closing statement and sale of current residence, if applicable
  •    Copy of divorce decree, if relying on alimony income to qualify or paying alimony or child support obligation
  •    Gift Affidavit, if applicable
  •    Bankruptcy schedules and discharge documentation, if applicable
  • ** Internet printouts cannot be accepted

 

IF YOU ARE APPLYING FOR A VA LOAN

 

  • VA Certificate of Eligibility (Original
  •    Form DD-214
  •   For in-service veterans, Statement of Service and recent Leave and Earnings statement

 

IF YOU ARE SELF-EMPLOYED OR HAVE COMMISSION INCOME

 

  • Previous two years signed tax returns with all schedules attached
  •  Previous two years corporate/partnership tax returns with all schedules attached
  •  Year-to-date profit and loss statement and balance sheet

 


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Texas Mortgage Broker License # 22771


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