When applying for a mortgage, your Mortgage Loan Originator may ask you to provide all or some of the information below. Having this information handy will help speed along the mortgage process.
Full legal name, birthdate, and Social Security number (in certain cases, you may be asked to provide a copy of your social security card)
Phone number, email address, and current and former residential mailing addresses over the last two years
Primary and secondary income amounts and sources
Government-issued photo ID
Name, addresses, and phone numbers of all employers over the last two years
Bank account balances and history, retirement, investment, and other asset accounts
Monthly debt obligations
Address of property being purchased, year built, estimated down-payment amount, and purchase price
Estimates of annual property taxes, homeowners insurance, and any homeowner association dues
Credit explanation letter for late payments, collections, judgments, or other derogatory items in credit history
Source of funds documentation for any large deposits on asset or bank statements
Judicial decree or court order for each obligation due to legal action
Bankruptcy/discharge papers for any bankruptcies in credit history
Payment history for public utilities, phone, cable TV, car insurance, and other expenses
Federal tax returns (personal and business) for the past two years
Profit and loss statement – year-to-date
List of all business debts
IRS Form 4506-T – Request for tax transcript, completed, signed and dated
Pay stubs covering the last 30 days
W-2s for the past two years
Federal tax returns (1040s) for the past two years
Asset/bank statements – Most recent two months’ statements for all accounts listed on the application (include all pages of the statement, including ones that are blank)
Written explanation if employed less than two years or employment gap exists within the last two years
Homeowners insurance information, including agent’s name and phone number
Purchase contract signed by all parties
Full legal name, birthdate, and Social Security number (in certain cases, you may be asked to provide a copy of your social security card)
Phone number, email address, and current and former residential mailing addresses over the last two years
Primary and secondary income amounts and sources
Government-issued photo ID
Name, addresses, and phone numbers of all employers over the last two years
Bank account balances and history, retirement, investment, and other asset accounts
Monthly debt obligations
Address of property being purchased, year built, estimated down-payment amount, and purchase price
Estimates of annual property taxes, homeowners insurance, and any homeowner association dues
Credit explanation letter for late payments, collections, judgments, or other derogatory items in credit history
Source of funds documentation for any large deposits on asset or bank statements
Judicial decree or court order for each obligation due to legal action
Bankruptcy/discharge papers for any bankruptcies in credit history
Payment history for public utilities, phone, cable TV, car insurance, and other expenses
Federal tax returns (personal and business) for the past two years
Profit and loss statement – year-to-date
List of all business debts
IRS Form 4506-T – Request for tax transcript, completed, signed and dated
Pay stubs covering the last 30 days
W-2s for the past two years
Federal tax returns (1040s) for the past two years
Asset/bank statements – Most recent two months’ statements for all accounts listed on the application (include all pages of the statement, including ones that are blank)
Written explanation if employed less than two years or employment gap exists within the last two years
Homeowners insurance information, including agent’s name and phone number
Purchase contract signed by all parties
Finance: This offer is not guaranteed if you do not continue to meet EQ Loans criteria and other factors bearing on your credit worthiness (including acceptable property collateral, income, assets and employment history). Not all applicants will qualify for the rate and monthly payment shown. Monthly payments do not include property taxes, property insurance, and homeowners association dues. Your exact loan’s interest rate and payments will depend upon the term of your loan, your credit history, and other qualifying factors. To qualify for a mortgage, borrowers must be U.S. citizens or permanent residents, and meet Eq Loans underwriting and Investor requirements. Loans valid for the refinance or purchase of an owner-occupied residence. Loan amounts range up to $2,000,000 for Jumbo and at or under conforming loan limits within your state and county for conventional and government sponsored programs. Rate subject to change depending time of rate lock. Call 844-390-5978 for exact details and qualifying information.
Refinance: By refinancing your existing loan, your total finance charge may be higher over the life of the loan.
