Documents Needed to Get a Home Mortgage
When applying for a home loan you will need to provide documentation that verifies your financial story. Here is a list of everything that you will need to provide:
W2 Employee
- Copy of most recent paychecks covering a one month period
- Your 2016 & 2015 W2’s
- 2016 Federal Tax Returns
- ***If your 2016 Federal Taxes have not been filed please provide the extension and 2014 Federal Taxes
- 2015 Federal Tax Returns
- ***If you have any corporations please provide all K1’s for 2016 & 2015 (If applicable)
- ***If you own 25% or more of the corporation you will be asked to provide your 2016 & 2015 Corporate Returns
- Most recent mortgage statement (1st & 2nd’s)-Provide for all properties that are owned
- Most recent Homeowners Association Statement/Bill ( If applicable)
- Homeowners Insurance declarations page listing the annual premium-Provide for all properties that are owned
- Lease agreements for any rental properties owned
- Most recent two months asset statements for checking, savings, retirement, mutual funds, etc- Please provide all pages, even if blank
- Provide a copy of your drivers license
Self-employed
- Copy of signed profit & loss statement
- 2016 Federal Tax Returns
- ***If your 2016 Federal Taxes have not been filed please provide the extension and 2014 Federal Taxes
- 2015 Federal Tax Returns
- ***If you have any corporations please provide all K1’s for 2016 & 2015 (If applicable)
- ***If you own 25% or more of the corporation you will be asked to provide your 2016 & 2015 Corporate Returns
- Most recent mortgage statement (1st & 2nd’s)-Provide for all properties that are owned
- Most recent Homeowners Association Statement/Bill ( If applicable)
- Homeowners Insurance declarations page listing the annual premium-Provide for all properties that are owned
- Lease agreements for any rental properties owned
- Most recent two months asset statements for checking, savings, retirement, mutual funds, etc- Please provide all pages, even if blank
- Provide a copy of your drivers license
Please gather all of these documents and send over to your Stonecastle Loan Officer. Should you have any questions please feel free to give us a call.