The following documentation should be provided by each applicant
with your application: (Originals or very clear copies are acceptable.)
•
|
Most
recent two years W-2's |
•
|
Consecutive
paystubs covering the most recent full month |
•
|
Three
most recent monthly statements for all depository accounts
including checking, savings, money market, certificates
of deposit, etc. |
•
|
Most
recent quarterly statements for brokerage accounts, 401k
plans, pension plans, IRAs, etc. |
•
|
Name,
address, and phone number of current/previous landlord(s)
for past 24 month period (if applicable) |
•
|
Copy
of Agreement of Sale (this applies to purchase transactions
only) |
•
|
Copy
of Deed or Legal Description, if readily available |
•
|
Copy
of current Homeowners Insurance Policy OR name and phone
number of Insurance Agent |
•
|
Check
in the amount of $345.00 application fee made payable
to Community Residential Mortgage, LLC |
Special
Cases (If Applicable)
•
|
Self-Employed
Borrowers: Copy of the past 2 years Federal 1040 Tax
Returns including all schedules and/or copies of the past
2 years Corporate or Partnership Tax Return including
all schedules |
•
|
Rental
Income: Copy of Leases or Rental Agreements for all
properties |
•
|
Construction
Loans: Copy of construction contract, blueprints,
and detailed builder specifications |
•
|
Divorce:
Copy of Divorce Decree and Separation Agreement. Also,
any settlement or other documentation showing your right
(or obligation) to receive (or pay) alimony or child support.
|
•
|
Bankruptcy:
Petition and all paperwork for bankruptcy including Discharge
of Debtor documentation |
•
|
Gifts:
Signed gift letter from each donor furnishing funds
for the transaction stating the gift amount and that the
funds are a gift with no repayment required. Please call
for details. |
•
|
Employment
Gaps: Signed letter explaining any employment gaps
during the last 24 month period. |
What
Constitutes a Mortgage Application?
NOTE: IF YOU ARE MISSING ONE OR MORE ITEMS, IT IS BETTER TO
SUBMIT WHAT YOU HAVE AND MAIL THE ADDITIONAL DOCUMENTATION
LATER.
Mail
Applications
Forward documents with original application to:
Community Residential Mortgage, LLC
2099 South Dupont Highway
Suite A
Dover, DE 19901 |
Fax
Applications:
Documents may be faxed
to (410) 838-5264
|
|
