Requested Documents

6 Pieces of Information Required for a TRID Loan Application

A consumer must provide 6 pieces of information, as required for a TRID application and for an applicant to receive a Loan Estimate:

1. Name- The consumer's name
2. Income- The consumer(s) income
3. Property- The property address
4. Loan Amount- The mortgage loan amount sought
5. Estimated Value- An estimate of the value of the property
6. Social Security- The consumer's social security number to obtain a credit report

After Receiving a Loan Estimate

We will request documents only after you have (1) received a Loan Estimate and a Home Loan Toolkit, and (2) you have provided us with your verbal or written "intent to proceed" with the mortgage application.  Before receiving the requested documents we may ask you to provide us with Information that will help us to evaluate your potential application for a mortgage loan. 

The following documents may be requested to obtain new mortgage loan:

• Past two (2) years W-2 statements
• Pay Stubs covering the last (30) thirty days
• Two most recent monthly bank statements
• Most recent transaction summary of 401K, IRA, or Mutual Fund Accounts
• Photocopies of any stocks or certificates of deposits
• A letter of explanation for any known credit problems
• If you are currently renting….either 12 months canceled rent checks or the name and address of your current landlord

Also, the following documentation is also generally required.

For a refinance:

• A copy of the deed, and most recent tax bill

For a Purchase:

• A signed purchase contract
• Realtor contact information
• Condo Association contact information.

For a VA Loan:

• DD Form 214 (Long Form)

If you are divorced:

• A fully executed divorce decree

If you are self employed, employed in sales, paid by commission,or own rental real estate:

• Two (2) years signed personal tax returns - including all schedules
• If self-employed through a corporation, last two years corporate returns as well as a year-to-date profit and loss statement and balance sheet

Different programs require varying amounts of documentation. The loan program you select may require more or less documentation. Please contact us for a free, no-obligation consultation.