Here’s our checklist of documentation we may need from you for your home purchase or refinance.
This list may seem extensive but we’re turning your dreams into a reality!
Valid photo identification
Bank/asset statements for the last two months on all checking, savings, stock, mutual funds, IRA, or other liquid assets you would like on your loan application
Pay stubs for the last 30 days
W-2 forms for the past two years
Federal tax returns for the past two years, including all schedules
If self-employed or you own more than 25% of a business, copies of business tax returns for the past two years, including all schedules. Provide all K-1's to prove ownership interest in any entity.
For other real estate owned, we need loan information, monthly payment, and any rent collected
Home owners insurance contact info
Landlord/mortgage company information for past two years
Certificate of Eligibility and DD-214 or Statement of Service, if applying for a VA loan
Bankruptcy or property short-sale/foreclosure information
A copy of the settlement statement if you sold property in the last three months
Child support payment info, copy of divorce decree and/or separation agreement, if applicable
A copy of the signed real estate contract, if you've already made an offer on a home
Resident alien card, front and back, if applicable
For Refinancing your home, some additional information may be needed:
Current mortgage statement for property you want to refinance
Current second mortgage or equity line statement for property you want to refinance
Estimated value of your home
Recent annual Homeowners insurance policy statement for the property you want to refinance
Pursuant to Federal law, a lender shall not require a borrower to provide such documentation prior to issuing a Loan Estimate. However, you may voluntarily provide documentation to us for consideration. Your loan officer can provide you with a list of documents that are helpful to a lender when pre-qualifying a borrower.
I really appreciated the easiness and the openness of communication throughout the whole process.
The willingness to answer questions and simply explain procedures without making us feel inferior in any way.
It was a complete pleasure to work with your entire team.
We appreciate the level of communication we received. This was our first experience buying a home. It can be a very confusing process. We could ask anything without feeling any judgement that our questions were silly or stupid. And finally, we are thrilled that we were able to make this all happen.
Otto Kobler and his team treated us with Kid gloves, from the initial stage of the loan process through funding. All worked hard to find us the best interest rate and most beneficial terms. We highly recommend Otto, his team, and Summit Funding for all your business, residential, and personal loan needs.
As a first time home buyer, we had a lot of questions but those questions were answered in a very quick and timely manner. They were able to give us the best advice to make it a great experience as possible. Also Mary and her team were awesome in helping us be able to close early
Both Robyn and AnnMarie were awesome. I appreciated how AnnMarie kept us updated throughout the process. She was always clear with the timeline and responded to our questions in a knowledgeable, timely way. I wish I had more friends in Oregon to refer to you all!
Tom Merritt did it again! Tom made the entire process for my Client, a first-time home buyer, as smooth as possible. Tom consistently presents the entire Team with thorough communication concerning all of the items and processes along the way, and and he ALWAYS closes my clients on time.
