?

Loan Application Checklist

Income & Assets

Pay stubs for the last 30 days.
  For the past two years:
 

Names and addresses of each employer.

W-2s
Statements for each bank, mutual fund, and/or investment account for the last two months.
  If you have made any large deposits to your accounts:
 

Explanation and source for deposit.

 If large deposit was a gift:
 

Signed gift letter (lender can supply).

 Copy of gift check.

 Copy of deposit receipt.
  If you own more than 25% of a business:
 

Corporate or partnership tax returns.
  If self-employed:
 

Tax returns for the last two years (with schedules).

 Year-to-Date Profit and Loss Statement and copy of business license.
  If you own rental property:
 

Tax returns for the last two years and current rental agreements.
  If you are retired:
 

Pension Award Letter.
  If you receive Social Security:
 

Social Security Award Letter.
  If you are counting child support as income:
 

Copy of recorded divorce settlement.

 Copy of six months of cancelled child support checks.

Debts (a tri-merged credit report ordered through The Reen Team at Direct Mortgage Funding is required)

Names, addresses, account numbers, balances and monthly payments on any current loans not showing on the credit report.
Explanation of credit report anomalies, including:
 

Late payments, credit inquiries in the last 90 days, charge-offs, collections, judgments and/or liens.

 Bankruptcy filed within last seven years (bring a copy of your bankruptcy papers).

VA Loans

Copy of DD Form 214, Report of Separation.

Miscellaneous

Photo ID and a Social Security number for each borrower.
Residence addresses for the past two years.
If applicable, a copy of your divorce decree.
If you are not a citizen, a copy of the front and back of your green card.

 

 

 

 

 

 

Get a New Loan Quote

Looking for a new home loan? Fill out the following form to get a fast quote from us.

Contact Info
Property Information
Mortgage Information
Questions
By checking the box, you agree that The Reen Team at Direct Mortgage Funding may call/text you about your inquiry, which may involve use of automated means and prerecorded/artificial voices.. Message/data rates may apply.

Michele Morse Reen
NMLS #304120
DRE# 01136905
Loan Officer

Call Email

The Reen Team at Direct Mortgage Funding

Company NMLS# 12007
Branch NMLS# 2472401

www.nmlsconsumeraccess.org | Do Not Sell My Information
Direct Mortgage Funding is a division of LeaderOne Financial Corp. | NMLS # 12007 | For licensing information, go to: www.nmlsconsumeraccess.org |
© Direct Mortgage Funding | All rights reserved.
Direct Mortgage Funding
1900 Camden Ave, Suite 201-D
San Jose, CA 95124
Phone: (408) 559-0600
NMLS #2472401
Licensed in CA
Equal Housing Lender Logo Equal Housing Opportunity Logo
Portions Copyright © 2024 Pipeline ROI, LLC
Another website by Pipeline ROI