Helping People Realize their Dreams for Almost 20 Years!
Loan Checklist
Helpful documents for your application appointment
Identification
- Current photo identification (drivers license or ID card) for each borrower
- Resident alien card
Income
- Current pay stubs (one full months)
- W2s/1099s (last two years)
- Evidence of social security/retirement income (i.e. copy of check or award letter)
- Federal tax returns, with all schedules/attachments (last two years)
- Partnership/corporate tax returns (last 2 years)
- Signed year-to-date profit and loss statement
- K1s for all partnerships
- Evidence of child support income (i.e. 12 months cancelled checks)
- Rental agreements on all rental properties
Assets
- Bank statements, all pages (last two months)
- Money market statements (last two months)
- 401k statements
- Original gift letter
- Copy of transfer of gift funds to escrow or your bank account
- Verification of donor's ability to give gift funds (i.e. bank statement)
- Copy of current mortgage Note (refinance only)
- Declaration page from current hazard insurance policy (refinance only)
Credit
- Last 12 months mortgage payment history
- Landlord addresses (last two years)
- Complete divorce settlement documents
- Complete bankruptcy papers
- Explanation of derogatory credit
Here at Big Valley Mortgage our focus is on getting you the right loan and the right terms to fit your situation. A mortgage is a big commitment and you need an experienced professional guiding you through the process, answering your questions so that you’ll know with confidence that you made the right choice.