Driver’s license(s) Social Security card(s) Green card, front and back for non-US citizens

Recent Paystub(s) – Last 30 days with year-to-date income W-2 Forms – 2 years Tax Returns (signed) – two years. Include all schedules and pages. Social security or disability income: Award letter showing income for the next three years. Retirement: Award letter showing income to continue for the next three years. If you are self-employed, please provide a copy of any applicable licenses for your business.

Last 2 months of bank statements. Include all pages, even if the last page is blank. Statements with redacted information are not acceptable. Last quarterly statement for all listed other asset accounts. This includes 401(k), IRA, stock accounts, and mutual funds. Include all pages, even if the last page is blank.

If you own other real property (rental or second homes), provide a hazard insurance declarations page, property tax statements, leases, and a copy of the current mortgage on all properties. Signed divorce decree, if applicable. If you receive child support, alimony, or separate maintenance and wish this to be considered as income, provide proof of receipt for the last 12 months. For prior bankruptcy, a copy of discharge or dismissal paperwork.

Fully executed sales contract completed by all parties (Realtors, sellers, and buyers) with all signed addendums Proof that your earnest money deposit has cleared your bank. If you have a home to sell, a copy of the sales contract or your listing agreement.

Loan Process – HelpUBuy Mortgage

buy your way

Loan Process

Different levels of approval are available, depending on where you are in the home buying process.

★★★★★ 3/5

Are you contemplating a home purchase? Just want to know if you qualify? A pre-qualification is fine for now. Once you complete my loan application, I’ll do a soft credit pull that won’t affect your credit score. If you qualify, I’ll send you preliminary mortgage payment information and cash-to-close requirements so you can be ready when the time is right. If you cannot yet qualify for a loan, I’ll teach you the steps to take to get there.

★★★★★ 4/5

If you’ve hired a Realtor and are ready to start the home buying process, you need to be pre-approved. Once you complete my loan application, I’ll run a soft credit check (no impact on your credit score) and ask you to upload the following documents: bank statements to verify your down payment funds, a recent paycheck, and your prior years W-2 or tax return to verify your income. I’ll issue your pre-approval letter if I’m confident in your qualifications. Otherwise, we’ll take it a step further and pre-underwrite your loan.

★★★★★ 5/5

If you’re in a very competitive market or your qualifications are borderline, we’ll want to go the extra mile and pre-underwrite your loan. Doing so requires a hard credit pull, a complete loan application, and documentation that supports your income and employment status. I’ll send your completed package for automated underwriting approval (AUS). An AUS approval gives sellers even more confidence in your ability to close the transaction. And while your file still needs to be manually verified by an underwriter, an AUS approval means you’re far more likely to qualify for your loan.

Required Documents

These documents are needed for loan approval. Note that while I do need to verify your income, credit, and assets to issue a certified pre-approval letter, you are not required to upload documents to get a loan estimate.

Identification

Driver’s license(s)
Social Security card(s)
Green card, front and back for non-US citizens

Income

Recent Paystub(s) – Last 30 days with year-to-date income
W-2 Forms – 2 years
Tax Returns (signed) – two years. Include all schedules and pages.
Social security or disability income: Award letter showing income for the next three years.
Retirement: Award letter showing income to continue for the next three years.
If you are self-employed, please provide a copy of any applicable licenses for your business.

Assets

Last 2 months of bank statements. Include all pages, even if the last page is blank. Statements with redacted information are not acceptable.
Last quarterly statement for all listed other asset accounts. This includes 401(k), IRA, stock accounts, and mutual funds. Include all pages, even if the last page is blank.

Miscellaneous

- If you own other real property (rental or second homes), provide a hazard insurance declarations page, property tax statements, leases, and a copy of the current mortgage on all properties.
- Signed divorce decree, if applicable.
- If you receive child support, alimony, or separate maintenance and wish this to be considered as income, provide proof of receipt for the last 12 months.
- For prior bankruptcy, a copy of discharge or dismissal paperwork.

For Purchases

Fully executed sales contract completed by all parties (Realtors, sellers, and buyers) with all signed addendums
Proof that your earnest money deposit has cleared your bank.
If you have a home to sell, a copy of the sales contract or your listing agreement.

buy your way

Loan Process

Pre-Qualification

Certified Pre-Approval

Pre-Underwritten

Required Documents