Checklist of Docuements Usually Required
US Patriot Act Requirement - ID
- Copy of Driver's License, Social Security Card, Residential Card
Income
- W-2's and/or 1099's for 2020 & 2021
- Personal Tax returns all schedules, K1’s – 2020, 2021
- Pay Stubs - Two most recent for each applicant (one month's worth)
Retirment Income (If Applicable)
- Social Security Income: award letter, 1099’s – 2021 / 2020 / 2019, 3 months bank statement showing direct deposit
- Pension / Retirement income: letter for 3 years continuous, paystub showing amount received, 3 months bank statements to show income is direct deposit
Self Employed – (If Applicable)
- Business Tax returns all schedules, K1’s – 2020 / 2021
- Business Bank Statement 3 months
- Personal Bank Statements 3 months
- P&L 2022 year to date (does not need to be audit)
Assets
- Bank statements: Two most recent months, all pages (checking, savings, stocks) even if blank Any (1k over) large deposit must be sourced except for income
- Reserves: IRA’s, 401K, Money Market, etc. statements, quarterly or two months (to show reserves)
Real Estate Property (If You Own)
- Mortgage Statement: Current statement’s for all Leins & Properties
- If Rental: Lease agreements on all rental property.
- Homeowner Association Dues (HOA) monthly or quarterly Bill for ALL Properties, if applicable
- Homeowner's Insurance Policy: a copy of the Declaration page
Veteran
- VA Certificate of Eligibility (COE)
- DD14
- Copy of current NOTE if refinancing
Purchase – Pre- Approval Once You Have A Contract
- Copy of the Purchase contract
- Down Payment (EMD): Copy of cancelled check, front and back, and show it came out of your bank account.
- Homeowners Insurance: Set Up a policy and provide your agent with our email and phone number mel@annapolisfirst.com and/or 240-744-1717
