I'm Ready to get a loan

 

Below is a checklist of items you will need to get ready before you prequalify.  You may choose any lender you like, but if you choose to use our EStar Lender (link below), the lender will waive the 1% loan orgination fee.

WHAT WE NEED FROM YOU TO START THE PREQUALIFICATION PROCESS

 

• Tax returns (ALL PAGES AND ALL SCHEDULES) for the last 2 consecutive years.  3 years if you are applying for a Down Payment Assistance Program

 

• IF you are self-employed, include 2 years business tax returns, (ALL PAGES, ALL SCHEDULES, K1's if applicable and current year to date P&L)  3 years if you are applying for a Down Payment Assistance Program

 

• W2’s/1099’s for all employers for the last 2 consecutive years.  3 years if you are applying for a Down Payment Assistance Program.

 

• One (1) months’ pay stubs with year to date total

 

• Two months’ Asset Statements.  i.e. Checking/Savings Statements, 401K Statements, Stock Statements, etc. (ALL,PAGES EVEN IF THEY ARE BLANK)

 

• IF you receive or pay spousal or child support, please provide your divorce decree or court paperwork noting the monthly payment and the duration of time.

 

 

• Student Loan Statements with monthly payments noted regardless of deferment status.

 

• Clear Copies of your Drivers License and Social Security cards.

 

 

• IF you are a Veteran, a copy of your DD214 Certificate of Eligibility Form.

 

• IF you own any real estate property, include your mortgage statement, your yearly county tax bill, homeowners’ policy noting your annual premium and any lease agreements for any properties that are rentals.

• IF you filed bankruptcy, had a short sale, or a foreclosure, please provide your supporting documentation. 

 

• IF you have obtained any new credit in the last 60 days please provide that supporting documentation as it may not reflect on your credit report yet. 

 

 

Additional items may be needed once your documentation is reviewed