Mortgage Loan Questions and Answers from Jessica McClure

 

What information will I need to get started?

 
  • Past two (2) years W-2 statements
  • Pay Stubs for the past (30) thirty days
  • Three most recent monthly bank statements
  • Most recent transaction summary of 401K, IRA, or Mutual Fund Accounts
  • Photocopies of any stocks or certificates of deposit
  • Copy of the purchase and sale agreement
  • If you are currently renting….either 12 months canceled rent checks or the name and address of your current landlord
  • A fully executed divorce decree if applicable
  • To refinance...a copy of the deed, and most recent tax bill
  • A letter of explanation for any known credit problems
 
Coming Soon — Mortgage Loan in Costa Mesa, CA
 
 

Are you self-employed, paid on commission, or make your living through rental real estate?

  • Two (2) years signed personal tax returns - including all schedules
  • If self-employed through a corporation, last two years corporate returns as well as a year-to-date profit and loss statement and balance sheet
  • Different programs require varying amounts of documentation. The loan program you select may require more or less documentation. Please contact me for a free, no-obligation consultation.