Typical information needed to submit your loan to underwriting:
Most recent year to date pay stubs showing at least 30 days of income
2021 and 2020 W-2's
Most recent 2 months Bank statements (all pages) showing you have enough funds to close and explanation for all large deposits.
For self employed (25% owner of company) borrowers we will likely add the following to underwriting:
2021 and 2022 W-2’s K-1’s Federal Personal and Corporate Returns along with a year to date P&L through June 30th
For more information call or email John!