Fully Executed PA, Seller’s Disclosures, Agency Disclosure, Lead Based Paint Disclosure, MLS listing & All addendums. (signed by all parties).
Front & Back of the borrowers Driver’s License.
2 latest pay stub.
2 latest bank statement with all the pages (even if its blank).
Valid H1B1 docs (all pages) OR Green Card/EAD (front & back).
Personal tax returns (1040) for 2017 & 2016 with all the schedule and K1 if any.
2017 & 2016 W2.
Business Tax for 2017 & 2016 (If Any with K1)
Homeowners insurance Declaration Page (After you get the appraisal report & 10 days before the closing).
Investment Home – Mortgage statement, Tax Bill & Insurance Declaration page (IF ANY).
Please Note:
Appraisal fees will be charged upfront by the lender.
Please don’t give any notice to vacate your current apartment / home unless we close the new Home. Also lender don’t accommodate auspicious day for closing.
If there are any deposits other than the salary in your bank statement please send us a trail of them.
Lender’s only accept electronic doc. So please send all your doc via Email (as PDF attachment) or fax. Pl note that doc’s should be not password protected.
During the loan process inform us immediately if there is any change in employment.
Don’t open any new line of credit during the loan process.
Your spouse will be needed at the time of closing, even if they are not on the mortgage.
During the loan process, don’t transfer money/Consolidate funds till we say OK to it.
If you have a house in INDIA, which you are showing in your US tax return, then we will need the Mortgage Statement & Tax bill for last 2 years.