Whether your goal is buying or refinancing your home, our mortgage and home equity specialists can help you find potential ways to:
- Lower Your Monthly Payment Expense
- Shorten the Term of Your Loan
- Switch to a Fixed-Rate Mortgage
- Get Cash Out of Your Home
- Buy Your New Home
Just answer the questions below to get started and gather the documents needed below.
Loan Documentation Needed
Employment/Income
Provide most recent paystubs for 1 month
Provide W-2's for the past two years
Provide all pages and schedules of last two years personal Federal tax returns
If self employed, provide all pages and schedules of last two years business tax returns and corporate K-1's
If retired, provide benefit award letter, last two years 1099's, and all pages and schedules of last two years tax returns
If any rental income is received, provide copy of current lease agreement and mortgage statement
If VA and active duty personnel, copy of Statement of Service Letter and Off Base Housing Authority Letter
Assets
Provide ALL pages of most recent 2 months statements for all accounts; including all checking, savings, stocks, IRA, 401k, etc.
The statements must show your name, account number and the name of the banking institution.
If funds to close will come from a gift, complete the gift letter and the following:
a. from the donor - bank statements showing the funds in the donor's account and a copy of the check from the donor's account
b. from the borrower - a copy of the deposit slip showing the gift check deposited into your account
If funds to close will come from sale of home, copy of Hud-1 from sale of home and deposit slip showing proceeds deposited into bank account
Credit
Copy of enlarged driver's license and social security card
Copy of divorce decree
Copy of bankruptcy papers, including all schedules and discharge, and credit explanation letter for reason for bankruptcy
Letter of explanation on any late payments, collections, charge off’s or derogatory credit
Letter of explanation for all recent credit inquiries
If VA, Certificate of Eligibility or copy of DD214
Property
Homeowners Insurance Agent's name, address, and phone number for the subject property
If refinance, copy of note and mortgage statement from the current lender showing the account number
If you’re retaining your current residence, provide a mortgage statement showing taxes and insurance are included in the monthly payment
If you’re currently renting, provide your Landlord’s name, phone number and address. 12 months cancelled rent checks will be necessary for private landlords.
If you live with a family member, letter stating you live rent-free
Carlos Jaramillo
Mortgage Broker
NMLS# 1015630
Office: (909) 452-2891
