In general, the documentation you will need is listed below. These can be emailed or faxed to us they are as follows:
Property Information (if you already have a contract on a house)
Purchase Agreement and copy of earnest money check.
Copy of Survey, we can get this from your Realtor.
If you are selling your current home, copy of listing contract.
If you have recently sold your current home, copy of settlement statement (HUD-1).
Income & Assets
Pay stubs for the last 30 days. If paid biweekly 2 paystubs.
For the past two years:
Name,phone number, and addresses of each employer.
W-2s
Statements for each bank, mutual fund, and/or investment account for the last two months, all pages.
If you have made any large deposits to your accounts:
Explanation and source for deposit.
If large deposit was a gift:
Signed gift letter (we can supply).
Copy of gift check.
Copy of deposit receipt.
If you own more than 25% of a business:
Corporate or partnership tax returns.
If self-employed:
Tax returns for the last two years (with schedules).
Year-to-Date Profit and Loss Statement prepared by an accountant.
If you own rental property:
Tax returns for the last two years and current rental agreements.
If you are retired:
Pension Award Letter.
If you receive Social Security:
Social Security Award Letter.
If you are counting child support as income:
Copy of divorce settlement.
Copy of twelve months of cancelled child support checks.
Debts
Debts can be obtained from your credit report. If you have any debts not listed on credit report show names, addresses, account numbers, balances and monthly payments.
Explanation of credit report anomalies, including:
Late payments, credit inquiries in the last 90 days, charge-offs, collections, judgments and/or liens.
Bankruptcy filed within last seven years (bring a copy of your bankruptcy papers).
VA Loans
Copy of DD Form 214, Report of Separation.
Miscellaneous
Legible copy of Driver's License and copy of Social Security card, or passport.
Residence addresses for the past two years.
Current Market Value of Real Estate Owned
If applicable, a copy of your divorce decree.
If you are not a citizen, a copy of the front and back of your green card.
ONE SOURCE MORTGAGE 1520 C-30 ROAD PORT ST JOE, FL 32456
