Items Needed for a Refinance Loan Application

Refinance Loans

- Fully executed sales contract with all addenda. A copy of the multiple listing agreement and the house location survey, if possible.

- Current month's paystubs (2 most recent if paid biweekly or twice per month) and all W-2's for the past two years.

- Copies of bank statements covering three most recent months of activity on all checking and savings accounts, mutual funds, IRA's, 401K plan, CDs etc...

- If using stocks or savings bonds as source of down payment, provide most recent statement or a copy of the security.

- If relying on non-employment income (e.g., retirement, interest, rent, etc.), two years complete Federal tax returns.

- If commissioned, two years complete Federal tax returns.

- If self-employed, two years complete Federal tax returns, year-to-date profit / loss statement and a current balance sheet.

- Copy of car title if the car is less than five years old and owned free and clear.

- Certificate of Eligibility (VA loans only).

- Driver's license and social security (FHA loans only).

- If selling your present home, provide copy of listing agreement and sales contract (if available). If you have already sold your home, we need a copy of the HUD-1 Settlement Statement.

- Condo documents if property is a condo.

- If divorced or separated, a copy of separation agreement and divorce decree.

- If you own rental property, copies of leases.

- If renting, name, address, phone number of landlord.

- Check to pay for appraisal and credit report (fees vary depending upon loan type and number of borrowers -- you can call ahead for the figures).

- Hazard insurance information

- Title company name and phone number

- Old Hud-1 Settlement Statement and copy of deed, survey and note

- Copy of mortgage(s) statements