Suggested Documents

1. Legal Photo Identification

• Valid Social Security Number or Tax Identification Number
• Photo ID (Driver's License, State ID, or Passport)

2. Employment & Income

• Address for present and past employers going back two complete years
• Last 2 years W-2’s or 1099’s
• Two most recent 30-day paystubs
• Self-employed, two years of tax returns (corporate & individual) & year-to-date P & L
• Diploma or transcript if full-time student during past two years
• Divorce decree and evidence of 12 months payment for child support/alimony (if using this income to qualify)

3. Assets & Liabilities

• Statements covering transactions for the past two months for all bank/stock accounts (quarterly statement for stocks/bonds/IRAs)
• Name and address for any private mortgages or loans outstanding
• Account information (balances/monthly payments) for all credit cards, auto loans, mortgages, and other loans
• Copy of ratified divorce decree or separation statement for alimony or child support
• Leases for current rental properties
• Name and address of landlord if renting present home

4. Home You Are Purchasing

• Ratified contract and all addenda
• Front & back of cleared check used for deposit on home you are purchasing
• Copy of listing

5. Present Property (For current homeowners only)

• Copy of ratified contract and all addenda for present home if you are selling
• Copy of listing if home is not sold yet
• Copy of lease for present home if you are going to rent out your property
• Contract addenda for Buyer/Agent agreement (New NAR requirement: https://www.nar.realtor/the-facts/nar-settlement-faqs)

1. Legal Photo Identification

• Valid Social Security Number or Tax Identification Number
• Photo ID (Driver's License, State ID, or Passport)

2. Employment & Income

• Address for present and past employers going back two complete years
• Last 2 years W-2’s or 1099’s
• Two most recent 30-day paystubs
• If self-employed, two years tax returns (corporate & individual) & year-to-date P&L
• Diploma or transcript if full-time student during past two years
• Divorce decree and evidence of 12 months payment for child support/alimony (if using this income to qualify)
• Leases for current rental properties

3. Assets & Liabilities

• Statements covering transactions for the past two months for all bank/stock accounts (one quarterly statement for stocks/bonds/IRAs)
• Account information (balances/monthly payments) for all credit cards, auto loans, mortgages, and other loans
• Name and address for any private mortgages or loans outstanding
• Copy of ratified divorce decree or separation statement for alimony or child support

4. Present Property (For current homeowners only)

• Copy of deed or title showing ownership of home
• Information on property taxes and insurance
• Copy of your Home Survey Report
• Copy of Homeowner’s Insurance Policy
• Copy of most recent Mortgage Statement
• Copy of Property Tax Bill

1. Mandatory Documents

• HECM Counseling Certificate
• Photo ID (Driver's License, State ID, or Passport)
• Social Security Card or Medicare Card
• Homeowner's Insurance Policy

2. These Documents May Be Needed

• Most recent mortgage/equity line loan statement
• Property tax bill – depending on the lender
• Power of Attorney/copy of trust agreement/guardianship
• Death Certificate (if deceased spouse is on the deed)
• Marriage Certificate/Birth Certificate
• Copy of your Home Survey Report
• If the property is held in a trust – a copy of the Trust Agreement