Tap to Call
Menu

checklist

DEAR APPLICANTS

Thank you for allow our team to join you on your home financing journey. We look forward to working with you.
Below is a list of what’s needed for your loan pre-approval. Provide only the items that apply to you.
We’ll be able to complete the majority of the application based on your documents.

Call or reply with any questions or concerns and have great day!

 

Personal Information:

  • Copy of Driver’s License(s)

Property Information:

  • Mortgage Statement(s) – (for all Properties Owned)
  • Homeowners Insurance Declaration Page or Insurance Agents Name & # (for all Properties Owned)
  • Home Owners Association (HOA) Monthly Statement (for any Properties Owned that have monthly HOA dues)

 Assets:

  • Checking, Savings, Mutual Fund, Investment Account etc. in your name for the last 2 mo. MUST BE MONTHLY, QUARTERLY, or ANNUAL STATEMENTS (Hint: If Statement says Page 1 of 3, The Bank will require all 3 Pages)

For W-2 Wage Earners: (if you are employed)

  • Paystubs for the last 30 days
  • W-2’s for last 2 years

For Self-Employed Income:

  • Federal Tax Returns Form 1040 (with all schedules) for the last 2 years
  • If you own more than 25% of a Corporate and/or Partnership Federal Tax Returns (with all Schedules) for last 2 years
  • W2 forms for the last 2 years if your business pays you a salary

For “Other Income”:

  • Disability Award Letter
  • Social Security Award Letter (EVERY YEAR A NEW LETTER IS GIVEN)
  • Retirement Benefits Award Letter

For Divorced Applicants:

  • Divorce decree and any related information,
  • Which pertains to alimony, child support or separate maintenance.

Veteran Loans

  • VA certificate (DD214 Discharge Letter)
  • Certificate of Eligibility
  • VA Disability Letter (if applicable)

 

Personal Information:

  • Copy of Driver’s License(s)

Real Estate Owned Information:

  • Mortgage Statement(s) – (for all Properties Owned)
  • Homeowners Insurance Declaration Page or Insurance Agents Name & # (for all Properties Owned)
  • Home Owners Association (HOA) Monthly Statement (for any Properties Owned that have monthly HOA dues)

 Assets:

  • Checking, Savings, Mutual Fund, Investment Account etc. in your name for the last 2 mo. MUST BE MONTHLY, QUARTERLY, or ANNUAL STATEMENTS (Hint: If Statement says Page 1 of 3, The Bank will require all 3 Pages)

 For W-2 Wage Earners: (if you are employed)

  • Paystubs for the last 30 days
  • W-2’s for last 2 years

For Self Employed Income:

  • Federal Tax Returns Form 1040 (with all schedules) for last 2 years
  • If you own more than 25% of a Corporate and/or Partnership Federal Tax Returns (with all Schedules) for last 2 years
  • W2 forms for the past 2 years if your business pays you a salary

For “Other Income”:

  • Disability Award Letter
  • Social Security Award Letter (EVERY YEAR A NEW LETTER IS GIVEN)
  • Retirement Benefits Award Letter

For Divorced Applicants:

  • Divorce decree and any related information,
  • Which pertains to alimony, child support or separate maintenance.

Veteran Loans

  • VA certificate (DD214 Discharge Letter)
  • Certificate of Eligibility
  • VA Disability Letter (if applicable)

What is a cross qualification?

The seller of the property has requested we review the buyer’s qualifications for the offers they're considering. We do this by verifying documents needed to underwrite and complete the loan. We would love to earn your business but please understand this cross qualification does not obligate you to use First American Wholesale Lending Corp. If you and the current lender you are working with are comfortable, you can have the lender send me the information on your behalf.

Obtain from your Lender:

  • Fully Executed Residential Purchase Agreement “The Offer”
  • 1003 Application (Uniform Residential Loan Application)
  • DU/LP Approval
  • Credit Report

Personal Information:

  • Copy of Driver’s License(s)

Real Estate Owned Information:

  • Mortgage Statement(s) – (for all Properties Owned)
  • Homeowners Insurance Declaration Page or Insurance Agents Name & # (for all Properties Owned)
  • Home Owners Association (HOA) Monthly Statement (for any Properties Owned that have monthly HOA dues)

Assets:

  • Checking, Savings, Mutual Fund, Investment Account etc. in your name for the last 2 mo. MUST BE MONTHLY, QUARTERLY, or ANNUAL STATEMENTS (Hint: If Statement says Page 1 of 3, The Bank will require all 3 Pages)

For W-2 Wage Earners: (if you are employed)

  • Paystubs for the last 30 days
  • W-2’s for last 2 years
  • Federal Tax Returns Form 1040 (with all schedules) for last 2 years

For 1099 Self-Employed & Commissioned:

  • Federal Tax Returns Form 1040 (with all schedules) for last 2 years
  • If you own more than 25% of a Corporate and/or Partnership Federal Tax Returns (with all Schedules) for last 2 years

For “Other Income”:

  • Disability Award Letter
  • Social Security Award Letter (EVERY YEAR A NEW LETTER IS GIVEN)
  • Retirement Benefits Award Letter

For Divorced Applicants:

  • Divorce decree and any related information,
  • Which pertains to alimony, child support or separate maintenance.

Veteran Loans

  • VA certificate (DD214 Discharge Letter)
  • Certificate of Eligibility
  • VA Disability Letter (if applicable)