Residential Lending

• ​Conventional Loans - 30year, 15 year, Fixed and Adjustable​

•  FHA - just 3.5% down payment​

•  VA - 100% financing to our veterans​

Loan Docs Needed.

Financials

 

[  ] Last 2 Years PERSONAL Tax Returns - ALL PAGES

[  ] Last 2 Years W2’s (if applicable)

[  ] Last 2 Years BUSINESS Tax Returns – ALL PAGES and

Schedules (if applicable)

[  ] If Self Employed - YTD Profit and Loss

 

Income

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[  ] Last 30 Days of Pay Stubs

[  ] Child Support or Alimony - Court Ordered (if applicable)

[  ] Social Security Award Letter (if applicable)

[  ] Proof of Retirement (if applicable)

[  ] Rental Income – Copy of leases – Should show on

Schedule E of Tax Return

 

Assets

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[  ] Last 2 Months Personal Bank Statements - ALL PAGES

     Checking, Savings, 401k, IRA, Stocks, Ect.

[  ] If Self Employed - Last 3 Months of Business Bank Statements - ALL PAGES

 

Other Docs

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[  ] Copy of Driver’s License (Clear Copy)

[  ] Copy of Social Security Card / Resident Alien

[  ] Divorce Decree (if applicable)

[  ] Bankruptcy Paperwork (if applicable)

[  ] Real Estate Owned - For all property 

     - Copy of ALL recent Mortgage Statements

     - Copy of ALL Insurance (if not escrowed)

     - Copy of ALL Tax Bills (if not escrowed)

     - Copy of recent HOA/Condo Statement (if applicable)

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Additional Docs Required “IF” REFINANCE

 

[  ] Copy Homeowners Insurance

[  ] Copy of ALL Mortgage Statement

[  ] Copy of Owner’s Title Policy and Survey

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Scan and Email a copy of these items to me in PDF format to steve@lendingbysteve.com

Items Needed

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• Last 3 Years BUSINESS Tax Returns - ALL PAGES​

• YTD Profit and Loss

• Commercial Loan Proposal Summary Sheet