MORTGAGE PREP
After working with clients for years, we began to understand that for many the process for getting a mortgage can be intimidating. This task seems to be more daunting for our first-time home buyers. We have asked Skip O’Neal of Cunningham & Company to help us make this a little more pleasant experience, by helping us prepare our clients. Having the documents ready to provide a mortgage lender seems to help ease the process.

1406 Belmont Stakes Avenue - Cox   9436 Heydon Hall Circle - FinchMiller   Huneycutt - Condo

ITEMS TO PROVIDE FOR APPLICATION:

~  Most recent paycheck stubs covering the most recent 30 day period
~  Most recent 2 months bank statements (all pages)

~ Documentation verifying large non-payroll related deposits
~  Most recent 2 months asset and retirement statements (all pages)
~  W2, K-1 and/or 1099 forms from two prior years
~  Federal Tax Returns from two prior years (all pages and schedules)
~  Business tax returns from two prior years (if self-employed or own more than 25% of any business)
~  Most recent Social Security or pension Awards letters (if retired)
~  Residence history (landlord, address, dates of residence – must cover a minimum of 24 months)
~  Employment history (company, address, telephone number, title or position and dates worked – must cover a minimum of 24 months)
~  Homeowner’s insurance agent (name and telephone number)
~  Homeowner’s Association, if applicable (contact person and telephone number)
~  Closing attorney (name and telephone number)
~  Bankruptcy or foreclosure documentation (if applicable)
~  Copy of Driver’s License

 

FOR PURCHASES:

~  Copy of Purchase Contract with all addenda and all signatures
~  FHA and VA loans: all required addenda and all signatures
~  VA loans: Certificate of Eligibility and DD214

 

FOR REFINANCES:

~  Copy of Promissory Note and settlement statement from most recent closing
~  Most recent mortgage statement(s)
~  Most recent homeowner’s insurance declarations page showing yearly premium
~  FHA or VA loans- case number (this can be found on the monthly statement or the HUD-1 settlement statement from the closing)
~  VA loans: Certificate of Eligibility and DD214

 

FOR ADDITIONAL INFORMATION:
Skip O'Neal - New

  Skip O’Neal – Loan Officer
Cunningham & Company
980.254.6487
NMLS #91400
skipo@cunninghammortgage.com
www.cunninghammortgage.com

Cunningham & Company, a trade name for CMC Funding, Inc., NMLS ID#41998, is an Equal Housing Lender.