The following verifications can take place during the loan process:

• Online or printed loan application completed & signed (Obtain on this website or by contacting us directly) APPLY NOW!
• Once we provide the initial approval and proposal, you will receive several application & disclosure documents that must be signed before we can complete the underwriting on your loan
• We request a copy of each borrower's driver's license (To comply with the Patriot Act)
• To verify your income, we'll ask for your current pay stubs and your tax returns for the past two years (all schedules), including standard forms w-2 or K-1 (for Corporations), and for self employed borrowers: a current income statement for the current year-to-date
• To verify the amount of funds that you have available, we'll ask for current bank statements & investment account statements. For mutual fund or stock accounts, provide evidence of liquidity (ie; proof of check-writing authority). If large deposits are shown on your account statements, we'll need to see where those funds came from
• If this is a purchase mortgage, we'll request a copy of the buy-sell agreement
• If an appraisal is required, we'll ask for your credit card information to pay it
• Your home will require hazard insurance, so we'll request the name of your preferred insurance agent

 If you currently own Real Estate, we would like:

• Current mortgage account information (recent monthly statement)- for each mortgage
• A recent property tax invoice- for each property you own
• Homeowner's insurance policy information- for each property you own

We will order on your behalf:

• Credit report
• Property title report & a hazard insurance binder
• Property inspection or appraisal

Any of the information provided in your loan application could be verified. Therefore, additional documentation may be requested about your residency history, recent funds transfers, other companies owned, recent credit inquiries, etc. If you wish to disclose / document these items in advance, it may make the process easier. Ask us if you have questions.