Required Documentation for Loan Approval

• Past two (2)years W-2 statements
• Pay Stubs covering the last (30) thirty days
• Most recent two months banks statements
• Most recent Investment, Retirement, Stocks, Bonds, 401K, Keogh, SAR-SEP statements.
• Copy of the Purchase and Sale Agreement
• Copy of you recent property tax statement - refinancing only.
• Copy of your survey - refinancing only.
• Copy of your title insurance policy - refinance only.
• For refinancing - please order your payoff statement with your current lender and send it to us.
• If you are currently renting….either 12 months canceled rent checks or the name and address of your current landlord.
• If divorced… a fully executed divorce decree.
• For a refinance, a copy of the deed, and most recent tax bill.

For Self-employed borrowers, Employed in sales, Paid by commission or that owns Rental Real Estate

• Two (2)Years signed personal Tax returns including all schedules, K-1's.
• If self-employed through a corporation, last two years corporate returns as well as a year-to-date profit and loss statement and balance sheet.

For Foreign Nationals

• Copy of Passport showing data page and Signature Page
• Copy of Purchase Contract signed by all parties

                    For 20% down you need the following: 

• Source the down payment, closing costs and 6 month reserves(in a US Bank Acct. for last 2 months).
• 3 Credit references on original stationary which should include: Amount of credit, date of credit, any late payments, present balance.
• Employment Letter showing: Date employment started, position, average income for past 2 years, present income, probability of  continued employment (on company stationary).

                    For Greater than 20 % down:

• Source the down payment, closing costs and 6 month reserves(in a US Bank Acct. at time of application).
• 1 Credit references on original stationary which should include: Amount of credit, date of credit, any late payments, present balance.
• Employment Letter showing: Date employment started, position, average income for past 2 years, present income, probability of  continued employment (on company  stationary)

For Stated Income Program (verifying assets)

• Most recent three months banks statements
• Most recent transaction summary of 401K, IRA, or Mutual Fund Accounts
• Photocopies of any Stocks or Certificates of Deposits
• Copy of the Purchase and Sale Agreement
• If you are currently renting….either 12 months canceled rent checks or the name, address and phone number  of your current landlord.
• If divorced… a fully executed divorce decree.
• For a refinance, a copy of the deed, and most recent tax bill.
• A letter of explanation for any known credit problems.

For Stated Income Program (non-verified assets)

• Copy of the Purchase and Sale Agreement
• If you are currently renting….either 12 months canceled rent checks or the name, address and phone number  of your current landlord.
• If divorced… a fully executed divorce decree.
• For a refinance, a copy of the deed, and most recent tax bill.
• A letter of explanation for any known credit problems.

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The Uniform Residential Loan Application Form 1003 is available below:

• Adobe PDF (Portable Document Format)

This version of the document consist of 4 pages.


The Adobe PDF version retains the standard formatting of the 1003 form. However, viewing the PDF document will require the use of a special viewer. If you do not have Adobe Acrobat Reader, you may download it here:

Please NOTE: the Uniform Residential Loan Application Form 1003 is a legal size document. Please print on legal size paper or shrink to letter size.