Once you're ready to apply for financing, we will ask for the list of documents listed below. Purchase borrowers can apply for financing without a subject property. This is known as a *pre-approval.

 

Conventional, Conventional High Balance, and Jumbo financing available in all states.

All:

• Most recent month’s paystubs

• 2 months bank statements with all pages

• 2 years W-2s and/or 1099s (if applicable)

• 1st page of federal tax returns

• Divorce decree (if applicable)

• Current mortgage statement (refinance)

• Declaration page of homeowner’s insurance (refinance)

 

If self-employed, please also provide:

• 2-year Personal Tax Returns and 2-year Business Tax Returns signed

• Profit & Loss (P&L) current year and 3-months Business Bank Statements

 

If you have rental income, please also provide:

• Rental leases (if applicable)

• 2-year Tax Returns and recent Mortgage Statement for each property

 

If applying for a VA loan, please also provide:

• Copy of DD 214

 

Each individual situation may require additional documents not listed above. In addition, your Loan Officer will contact you to collect payment for the appraisal and credit report fees.

What's the Difference

*Pre-approval - A pre-approval is what you need to start your home search. A real estate agent will ask you for this document to help you find a property within your approved price range. Send us your financial details, we'll calculate a customized loan estimate for you, and provide a pre-approval.  Click here to search for homes. 

Pre-qualification - A mortgage prequalification is a good way to get an estimate of how much you can afford or if a refinance may reduce your monthly housing expense. A pre-approval takes it one step further by verifying the financial information you submit to get a more accurate amount. FIFCU provides exactly what you and your agent needs, a pre-approval.