Click here for Mortgage Refinance Checklist Click here for Mortgage Purchase Checklist         ——————————————————————————————————————————————————   MORTGAGE REFINANCE CHECKLIST (Click here for printable copy)   Property   Appraisal Report Title Report Copy of Declaration Page of Homeowners Policy Copy of current deed (subject property) Copy of most recent tax bill If Investment Property, Copies of signed current lease agreements or signed tenants statements on all rentals   Employment   Most recent paystubs covering past 30 day period Copies of last two years W-2's and/ or1099's Copy of Separation Agreement and/ or Divorce Decree (if applicable) Signed Federal 1040 Income Tax Returns with all schedules for past 2 years Signed Federal Business Income Tax Returns for past two years with all schedules: S Corporations 1120's or 1120S: if partnership 1065-K1 Year to date Profit & Loss Statement for all business entities If retired, need Social Security Income and Pension (if applicable) If Stated Income, need Business License, Business Bank Statements to show cash flow and a CPA Letter stating the number of years in business, what the business is and how long the CPA has been preparing the borrowers taxes   Liabilities   Last 12 months cancelled mortgage checks (front & back if applicable) Mortgage Statement from present mortgagee(s) Alternate Credit if needed (phone bill, cable bill, electric, etc..)   Assets   Last 3 months checking/savings account statements:Last quarterly/ 3 months statements on all accounts including stocks, bonds or other assets (401K)   Condominium/Co-op   Complete Condo or Co-op documents including: Declaration of Trust/ By-Laws, Master Deed-any amendments Two years Co-op Financials Complete Master Insurance Certificate and Fidelity Bond Coverage Name, phone number and address of Management Company or Trustee Condo Association       ——————————————————————————————————————————————————   MORTGAGE PURCHASE CHECKLIST (Click here for printable copy)   Property   Copy of Offer to purchase Copy of fully executed sales contract on subject property Copy of money down on contract (usually 10%) Appraisal Report Title Report   Equity (if applicable)   Copy of fully executed sales contract on current residence being sold to prove source of funds for purchase Copy of fully executed HUD Settlement form from sale of current residence   Employment   Most recent paystubs covering past 30 day period Copies of last two years W-2's and/ or1099's Copy of Separation Agreement and/ or Divorce Decree (if applicable) Signed Federal 1040 Income Tax Returns with all schedules for past 2 years Signed Federal Business Income Tax Returns for past two years with all schedules: S Corporations 1120's or 1120S: if partnership 1065-K1 Year to date Profit & Loss Statement for all business entities   Liabilities   Last 12 months cancelled rent checks (front & back) Last 12 months cancelled mortgage checks (front & back if applicable)   Assets   Last 3 months checking/savings account statements:Last quarterly/ 3 months statements on all accounts including stocks, bonds or other assets (401K) Gift Letter (if applicable)   Condominium/Co-op   Complete Condo or Co-op documents including: Declaration of Trust/ By-Laws, Master Deed-any amendments Name, phone number and address of Management Company or Trustee Condo Association       Copyright ©2008 MortgagesRock.Com. All Rights Reserved. Website designed and maintained by Hi-Design Concepts