Required Documents

Almost every mortgage lender requires that you provide the following documents in order to obtain a 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

  • A fully executed seperation agreement

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.

Benchmark Mortgage Companies

Benchmark Mortgage Compaines NMLS# 41552
(www.nmlsconsumeraccess.org).
Equal Housing Lender.

Licensed in Virginia, North Carolina & Florida.

VSCC Bureau of Financial Institutions, P.O. Box 640, Richmond VA 23218-0640, (1-800-552-7945) www.scc.virginia.gov/bfi

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