Terry Kilby, MS

Mortgage Banker/Broker

Direct: 503-517-8633

Cell:  503-577-2894

E-Fax:  503-210-1965

Documentation Needs List

Your Documentation Needs List is designed as a guide to assist us in processing your loan in a timely manner. It’s okay if you don’t have everything needed when we first meet but please supply me with the following applicable items from the list below as soon as possible:

All Loans

      Last Two years W-2’s and/or  1099’s

      Current pay stubs for the last 1 month

      Bank statements (most recent 2 months all pages)

      Most recent statement from any IRA’s, retirement accounts, stocks, bonds (all pages)

      Current mortgage statement – if you have one

      Yearly amount of your homeowner’s insurance – if you currently own a home

      Yearly amount of your property taxes- if you currently own a home

      Name of homeowner’s insurance agent, telephone number and company

      Breakdown of student loans: loan amounts, current monthly payments, which are in deferral, when each loan will come out of deferral, monthly payment out of deferral

Self Employed Borrowers Only

      Complete Federal only personal and business tax returns, for last 2 years, signed/dated

      YTD income statement (i.e. profit and loss), signed/dated

      Last 2 years business license, if applicable

Purchase Transactions

      Real Estate agent name, phone no., and email address -  if none I can refer one to you

      Earnest Money Agreement plus all addendums – if you have made an offer

      Name of Title Company, escrow officer and telephone number – if you know

      Copy of Settlement Statement if you have a recently sold home

      Name, address, and phone number for your landlord

      Copy of listing of current home if it’s on the market but not sold

If Applicable: Please Review

      Divorce Decree – if you get spousal or child support

      Rental agreements – if you own investment property

      Gift fund letter if you are receiving funds from someone else (I can supply form)

      Copy of visa or a green card – if it applies

      Bankruptcy papers along with the discharge

      Proof of payment or receipt of child support

*Note:  If you are unable to provide the applicable items above prior to or during our meeting, please provide them to me as soon as possible in order to expedite your loan process.  You can fax them to my computer at 503-210-1965.