Buying a home in La Jolla is not so difficult if you know what is going to happen along the way. If you are not purchasing your La Jolla home outright with cash, part of that process is obtaining a Mortgage.
We have compiled this handy list of all the documents you will need for your home mortgage application. Having all of this information when you initially meet with your mortgage professional will speed the process along!
EMPLOYMENT DOCUMENTATION
- Most recent two years complete tax returns with all schedules.
- Most recent two years W-2's, 1099's, etc.
- Most recent pay stubs covering one month period.
- If Applicable: Self-Employed will need Two years Tax Returns and YTD Profit & Loss Statement.
SAVINGS DOCUMENTATION
- Most recent three months complete bank statements for both checking and savings accounts.
- Most recent statement from retirement, 401k, mutual funds, money market, stocks, etc.
CREDIT INFORMATION
- Most recent statements from your credit cards and other monthly revolving charges, indicating minimum payments and account numbers.
- Copy of complete Bankruptcy and Discharge Papers.
- You may be required to provide the origin of your down payment. If money for down payment is a gift from a relative, bring to the interview a copy of gift letter and copy of gift check. The gift letter states that the money will not have to be repaid.
RENTAL INFORMATION
- Name, Address, and Phone number of your landlord
- 12 months cancelled rent checks
PERSONAL INFORMATION (for each applicant)
REFINANCE DOCUMENTS
All of the above and
- Copy of Note & Deed from current loan
- Copy of Property Tax Bill
- Copy of Hazard (homeowners) Insurance Policy\Copy of Payment Coupon for current Mortgage
- If you collect rent from the property bring the Rental Agreements
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