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Whether you are planning to purchase or refinance - start by gathering these essential documents.

Preparing to Purchase a Home?


Income Documents – All income you want to use must be proven with the documentation below:

  • 2 Most Recent Paystubs – Should cover roughly 30 days and have YTD totals.  *If paid weekly, then four paystubs will be needed.  

  • 2 Most Recent Years W2s – Your tax returns do not supplement the need for W2s.

  • 2 Most Recent Years Tax Returns – Generally, this is needed for self-employed borrowers or receiving an income that isn’t documented on a W2, such as rental or farm income.  *If you own a business that files a separate tax return, we will also need two years of those.  

  • Award Letters or Statements of Income – Social Security or PERS are two of the most common.  

 
Asset Documents – Any down payment or closing costs that you will be bringing in must be proven with the documentation below:

  • 2 Most Recent Monthly Bank Account Statements – All Pages must be included even if they are blank.  

  • 2 Most Recent Monthly or 1 Quarterly Statement – from any Retirement Funds being accessed such as CD, 401k, IRA, and Investment Accounts.  

 
Miscellaneous Documents – Any of these that apply to you should be documented with the items below:

  • Copy of Government Issued Photo Identification – Driver’s License, State ID, Passport, etc.

  • Permanent Resident Card or Visa

  • Copy of Final Divorce Decree/ Legal Separation Agreement

Have more questions? Ask our home loan experts.

Preparing to Refinance your Home?

 
Income Documents – All income you want to use must be proven with the documentation below:

  • 2 Most Recent Paystubs – Should cover roughly 30 days and have YTD totals.  *If paid weekly, then four paystubs will be needed.  

  • 2 Most Recent Years W2s – Your tax returns do not supplement the need for W2s

  • 2 Most Recent Years Tax Returns – Generally, this is needed for self-employed borrowers or receiving an income that isn’t documented on a W2, such as rental or farm income. *If you own a business that files a separate tax return, we will also need two years of those, with all schedules.  

  • Award Letters or Statements of Income – Social Security or PERS being two of the most common which provide these.  

 
Asset Documents – Required for any funds you plan to bring to close (if applicable.)  

  • 2 Most Recent Monthly Bank Account Statements – All Pages must be included even if they are blank.  

  • 2 Most Recent Monthly or 1 Quarterly Statement - from any Retirement Funds being accessed such as CD, 401k, IRA, and Investment Accounts.  

 
Miscellaneous Documents – Any of these that apply to you should be documented with the items below:

  • Copy of Government Issued Photo Identification – Driver’s License, State ID, Passport, etc.

  • Permanent Resident Card or Visa

  • Copy of Final Divorce Decree/Legal Separation Agreement

  • Most Recent Mortgage Statement(s) – For all financed properties.

  • Current Homeowners Insurance binder/declarations page – For all properties owned. 

  • Most Recent Years Property Tax Statement – For all properties owned. 

  • Homeowners Association Contact Information – if monthly HOA dues apply.

​Have more questions? Ask our home loan experts.


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