September 06, 2010
  Mortgage Center - Purchase Checklist
 

 

PURCHASE CHECKLIST

For Salaried or Hourly Wages Borrowers

  • Last Two Years W-2
  • Two Most Recent Pay Stubs in Last 30 Days
  • Last Three Months Bank Statement
  • Appraisal Fee in the Form of Money Order, Certified Funds or Cash Payable to Appraiser
  • Copy of Sale/Purchase Contract when available


For Self Employed Borrowers

  • Same as above except Income Documents which should be as
    follows
  • Last Two Year Complete Tax Returns including Schedule A, B, C, E, 1120, 1120S when applicable.
  • Year to Date P&L (Profit & Loss)

 

 

 

 

 

 

 

 

 

 

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