Borrower

• Typed 1003 & 1008.
• Tri-merged credit report.
• Resume on borrower.
• Two years income tax returns (personal and corporate if self employed). Light doc requires 12 months bank statements for both personal and corporate accounts.
• Verification of funds sufficient to close plus six months reserves.
• Escrow letter.
• Contract.
• Signed disclosures.
• Articles of incorporation for corporate title holders.

Foreign Nationals

• Two bank reference letters.
• Two credit reference letters.
• Credit report if borrower has a social security number in US.
• Verified funds sufficient to complete transaction and six months reserves.
• CPA letter from borrowers home country indicating current and past two years income.
• Borrowers resume of job history.

Guarantor

• Executive summary of the transaction.
• Typed 1003.
• Tri-merged credit report for all guarantors.
• Resume on guarantors.
• Two years income tax returns
  (personal and corporate if self employed).
• Verification of funds sufficient to close plus six months reserves.
• Contract.
• Articles of incorporation for corporate title holders.

Property

• Current income and expense statement.
• Current rent roll and leases.
• Old appraisal / environmental reports.
• Color pictures.