In general, the documentation you will need are included the list below. However your loan officer will indicate which items are need for your loan personal mortgage program.
Property Information (if you already have a contract on a house)
Purchase Agreement.
Copy of legal description and MLS sheet.
If you are selling your current home, copy of listing contract.
If you have sold your current home, copy of settlement statement (HUD-1).
Copy of deposit check.
Income & Assets
Pay stubs for the last 30 days.
W - 2 , 1099 for the past two years:
If you own more than 25% of a business:
Corporate or partnership tax returns.
If self-employed:
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.
Miscellaneous
Photo ID and proof of Social Security number.
Residence addresses for the past two years.
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.
Ireland Mortgage, LLC 1 Richmond Square Providence, RI 02906