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Document Checklist and Instructions

 A properly documented loan application makes your loan process go smoothly. This checklist will help you gather your paperwork.

  1. INCOME / EMPLOYMENT ITEMS:   If you are salaried: provide W-2's for the previous two years and the most recent 30 days worth of paystubs.   If you are self-employed, provide tax returns for the previous two years, including all schedules, and a YTD profit and loss statement. (Note: you may provide copies of all requested documents. Originals are not necessary, but if you bring originals, I will photocopy them for you and return your original to you)
  2. OTHER INCOME:  If you own rental property, provide recent rental agreements and tax returns for the previous two years, including all schedules.
  3. ASSET STATEMENTS:  To speed up the approval process, provide bank statements for the most recent two months, and your most recent statement (quarterly statement usually) for stock, mutual funds and IRA/401K accounts.
  4. LEGAL DOCUMENTS:    If applicable, provide a copy of your divorce decree and settlement agreement.   
  5. LEGAL DOCUMENTS:   If any borrower has filed bankruptcy, provide the Discharge Notice, Filing and Schedule of Creditors.
  6. IDENTIFICATION:  Have your drivers license and social security card with you if possible for verification of  identity.   If you are NOT a US citizen, provide a copy of your green card (front & back). If you are NOT a permanent resident provide a copy of your H-1 or L-1 visa.
  7. OTHER:   If you are requesting a cash out refinance, provide a letter explaining how you will use the refinance proceeds.     If you have had derogatory credit in the past, please be prepared to write an explanation letter explaining the circumstances surrounding it. 
  8. If you are applying for a home equity line of credit or loan (second loan), also include your first mortgage note. (This should be with your closing loan documents.)


Mortgage Atlantic, Inc. - 105 S. Main Street - Amherst, VA 24521
Office Phone: (434) 946-7770 Fax: (434) 946-7775 Cell Phone: (434) 238-8984
Toll Free Phone: 1-866-946-7770


Mortgage Atlantic, Inc. 

Licensed by the Virginia State Corporation Commission:  License #  MLB-4



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