Last year's W-2 form
 | Signed and dated Federal Tax Returns (1040s) from the last 2 years, including | |
| all schedules | ||
| Most recent pay stubs for each borrower - one month with year-to-date (YTD) | |
| A copy of your most recent mortgage statement | |
| A copy of your most recent homeowners declaration page | |
| A copy of the purchase contract (if applicable) | |
| Drivers License / State ID Card |
If you are self employed, you will also need:
| Last year's signed and dated tax return, including all schedules, a year-to-date | |
| (YTD) Profit and Loss (P&L) Statement that is less than 60 days old, and a current signed Balance Sheet | ||
| If you're part of a corporation or partnership, provide last year's tax return for | |
| corporation/partnership including form K-1, a year-to-date (YTD) Profit and Loss (P&L) Statement (less than 60 days old), and a current signed Balance Sheet |
Certain applicants will need to supply additional information:
| If your down payment includes a cash gift from a friend or relative, you need a | |
| copy of the check or wire transfer showing the donor's name and account number, plus a copy of the deposit into your bank account. (This applies only to home purchase loans.) | ||
| If you receive a Social Security pension or annuity, provide a copy of the awards | |
| letter and a copy of a recent benefit check. | ||
| If you own other real estate, provide a lease/rental agreement if applicable, and | |
| copies of property tax and insurance bills. | ||
| If you receive alimony or child support, provide a copy of the divorce decree and | |
| evidence of receipt of income for 12 months (e.g., canceled checks, deposit slips or bank statements). | ||
| If you pay alimony or child support, provide a copy of your divorce decree. | |
| If you've had a bankruptcy within the last seven years, provide a copy of your | |
| bankruptcy discharge, a copy of the petition (including schedules A & B) and an explanation of the circumstances. | ||
| If you currently pay rent, provide copies of rental payments for the last 12 months | |
| (may include canceled checks, bank statements, money orders, etc.) and the name and address of your landlord for the same time period. |
First Service Mortgage Inc.
Call Today! (330)564-1999 - Toll Free (866)565-4739
3730 Tabs Drive - Uniontown, OH - 44685