Required Documentation

• Past  two (2) years W-2 statements.
• Pay Stubs covering the last thirty (30) days.
• Most recent (3) months bank statements.
• Most recent transaction summary of 401k, IRA, or Mutual Fund accounts.
• Copy of the Purchase and Sale Agreement. (if a purchase)
• If you are currently renting, either twelve (12) months cancelled rent checks or the name and address of your current landlord.
• If divorced, a fully executed divorce decree.
• For a refinance, a copy of the Deed, and most recent tax bill.
• A letter of explanation for any known credit problems.

For self employed borrowers, employed in sales, paid by commission, or owns rental real estate, you will also need:

• Two (2) years signed personal tax returns - all schedules.
• If self-employed through a corporation, last two years corporate returns as well as a year-to-sate P&L statement and balance sheet.

Different programs require varying amounts of documentation.  The loan program that best fits your needs may require more or less documentation.  Please contact us at info@bayareamort.com for more information.