Documentation Checklist
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The following is a list of documents which may be needed to process and approve your loan. Call RJ Baxter at 303-670-0137 to find out which documents pertain to your transaction or if you have questions about the documents that have been requested.
Originals are not needed, photocopies are OK. RJ's fax number is 303-945-7943.
All Borrowers:
1. Copies of W-2's for last two years.
2. Copies of paycheck stubs for most recent 30 days.
3. Copies of checking and savings account statements for last three months (all pages).
4. Copies of quarterly or semi-annual statements for checking, savings, IRA's, CD's, money market funds, stocks, 401K, profit sharing, etc.
5. Copy of sales contract when ratified.
6. Canceled earnest money check when it clears or corresponding bank statements, if applicable.
7. CLEAR copy of social security card and driver’s license for borrower and co-borrower, both sides.
8. Commissioned or bonus income- if 25% or more of base, must have last 2 years tax returns.
9. Refinance- copy of note, deed of trust, settlement statement, survey, current homeowner’s insurance declarations page, and current mortgage statement.
10. FHA or VA refinance- Copy of note, deed of trust, and settlement statement from when you purchased the home.
11. If paid off mortgage in past 2 years, need copy of HUD-1 settlement statement.
12. Documents to prove residency status.
Self-Employed Borrowers:
13. Copies of most recent 2 years tax returns (with all schedules, including K-1's, if applicable).
14. Copy of current profit and loss statement and balance sheet.
15. Copy of corporate/ partnership tax returns for most recent two year period if owning 25% or more of company- copies of W-2's and/or 1099 forms.
16. A letter from your CPA stating you have been in business for at least 2 years, CPA name and number OR articles of incorporation, business license, or tax sales ID card.
Documents which may be required:
17. Relocation agreement if move is financed by employer, i.e. buyout agreement plus documentation outlining company paid closing costs benefits.
18. Previous bankruptcy, need copies of petition for bankruptcy and discharge, including supporting schedule.
19. Divorce decree, if applicable.
20. Documentation supporting moneys received from social security/retirement trust income, i.e. copies of direct deposit bank statements, awards letter, evidence income will continue.
FHA/ VA:
21. VA- Original Certificate of Eligibility and copy of DD-214 Discharge Papers.
22. VA- Name and address for nearest living relative.
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