Read my blog
A Guide to Refinancing
https://www.blink.mortgage/app/signup/p/allianzemortgageservicesinc/jonathancaguioaBelow are a list of items needed for review. Please provide those that apply to you.
REFINANCE OR EQUITY LOAN REQUIREMENTS
- EVIDENCE OF INSURANCE- Front page of homeowner’s insurance policy for all properties owned.
- NOTES ON EXISTING MORTGAGE(S) & LENDERS FOR 2ND & 3RD LOANS (only if being subordinated)
- COPY OF LATEST MORTGAGE BILLING STATEMENT(S) for all properties owned
- COPY OF PROPERTY TAX ROLL (BILLING STATEMENT) for all properties owned
- FINAL CLOSING STATEMENT if home was purchased less than 2 years ago.
- IF PULLING CASH OUT - LETTER (dated and hand signed) stating purpose for pulling cash out.
BORROWER INCOME AND ASSET DOCUMENTS
- W-2: Last 2 years per borrower.
- PAY CHECK STUBS: If paid twice per month copy of last 2, if paid weekly, last 4.
- BANK STATEMENTS: Last 2 months/quarters, complete pages.
- 401K / IRA: Last 2 quarter statements.
- COPY OF DRIVER’S LICENSE OR CALIFORNIA I.D.
- COPY OF SOCIAL SECURITY CARD for FHA and VA loans only.
- COPY OF DD214 for VA loan only.
- CERTIFICATE OF ELIGIBILITY - VA loan only.
If you are divorced:
- COPY OF FINAL DIVORCE DECREE including complete settlement agreement.
If you are receiving child support and/or alimony:
- COPY OF CANCELED CHECKS OR BANK STATEMENTS for the last 12 months showing receipt of the same.
- COPY OF COURT ORDER .
If you are receiving disability income:
* PROOF OF DISABILITY
If you are receiving Social Security and/or Retirement Income:
- COPY OF UPDATED AWARD LETTER/S
If you own properties:
- Copy of latest mortgage statements for all properties
- Copy of updated homeowner's insurance for all properties
- Copy of last property tax statement for all properties
If they are rented:
- Copy of rental agreements / leases
- FEDERAL TAX RETURNS (1040) last 2 years complete with all schedules and addendums.
If you had a bankruptcy within the last 7 years:
- COPY OF DISCHARGE LETTER AND COMPLETE BK SCHEDULES.
If you are self-employed, a corporation, a partnership, or receive 1099 commission or bonus income:
- COPY OF FEDERAL TAX RETURNS (1040) for the last 2 years complete with all addendums resigned with original signatures.
- SIGNED YEAR-TO-DATE (YTD) PROFIT & LOSS STATEMENT
- COPY OF CORPORATE FEDERAL TAX RETURNS (1120) for the last 2 years with original signatures (only if you are a corporate officer and/or own stock of 25% or more.
- COPY OF PARTNERSHIP FEDERAL TAX RETURNS (1065) for the last 2 years with original signatures (General Partnership only).
- COPY OF SIGNED PARTNERSHIP K-1 FORMS for all limited partnership as well as general partnerships.
If you sold a home in the last 12 months:
- COPY OF FINAL CLOSING STATEMENT
Go To Top
Contact Me Today
Let's find you the right home at the right price.