At Samuel Scott, our goal is to help you get the best possible loan for your home purchase or refinance.

To expedite the process and lock in the best rates, it’s important that you promptly provide the documents listed below along with your signed and dated Loan Application.

 

Personal Information

 

Ο  Disclosures, completed and signed
Ο  Copy of Driver’s License for all borrowers
Ο  Lease agreements for rental properties

 

Verification of Income

 

Ο  W-2 and 1099 forms for the past two years
Ο  Tax returns (1040) with all schedules for the past two years
Ο  Pay stubs for the last 30 days
Ο  Additional income: 
         Ο  Social security awards letter, pensions, veteran’s benefits, alimony, child support, etc.

 

Assets & Debts

 

Ο  Bank account statements for the previous 2-3 months for all accounts
Ο  Checking, savings, 401K, IRA, stocks, bonds, etc.
Ο  Mortgage statements (for existing mortgages), Property tax bills, Hazard Insurance Declaration page
      Ο NOTE:  If you have funds to bring in at the close of escrow, they will need to be verified

 

If self-employed, also submit…

 

Ο  K1’s for the last 2 years
Ο  Business Tax Returns for the past 2 years (all pages)

Rates are often time sensitive, so your help in procuring the requested documents will always be to your benefit.

 

 

 

 

 

 

 

 

 

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Need Help? 

Just contact your Mortgage Advisor and we will assist you through the process.