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Application for Self employed Borrower
What are the most common documents necessary for mortgage prequalification? If you are a US citizen, and you are self-employed you will need the following : ID – Driver’s license (unexprired) Federal tax returns form 1040 and all schedules. Federal tax returns form 1120 S or 1120, whichever is applicable in your case. Most recent […]
Application for Employed Borrower not US Citizen
What are the most common documents necessary for mortgage prequalification? If you are not a US citizen, but yet you are employed you need the same documents as if you were a US citizen, with on exception : The Pictue ID used is going to be either (1 or 2) EAD card or work permit […]
Application for Employed Borrower
What are the most common documents necessary for mortgage prequalification? If you are employed (W2) the most common documents needed to prequalify are: Most recent 2 months of bank statements Most recent 30 days of pay stubs Picture ID – Unexpired Drivers license is ok Most recent 2 years of form W2