Copy of ratified contract and all addenda for present home if you are selling.
Copy of lease for present home if you are going to rent out your property.
Copy of listing if home is not sold yet.
Employment & Income
Address for present and past employers going back two complete years.
Last 2 years W-2’s or 1099’s
Paystubs covering the last 60 days
If self-employed, two years of tax returns (corporate & individual) and year-to-date P & L.
Diploma or transcript if full-time student during past two years.
Leases for current rental properties.
Divorce decree and evidence of 12 months payment for child support/alimony (if using this income to qualify).
Legal Photo Identification
Valid Social Security Number or Tax Identification Number
Assets & Liabilities
Statements covering transactions for the past two months for all bank/stock accounts (one quarterly statement for stocks/bonds/IRAs).
Name and address of landlord if renting present home.
Name and address for any private mortgages or loans outstanding.
Account information (balances/monthly payments) for all credit cards, auto loans, mortgages and other loans.
Copy of ratified divorce decree or separation statement for alimony or child support obligation.
Home You Are Purchasing
Ratified contract and all addenda.
Copy of listing.
Front & back of cleared check used for deposit on home you are purchasing.
Refinance
Present Property (For current homeowners only
Copy of deed or title showing ownership of home.
Information on property taxes and insurance costs.
Employment & Income
Address for present and past employers going back two complete years.
Last 2 years W-2’s or 1099’s
Paystubs covering the last 60 days
If self-employed, two years tax returns (corporate & individual) and year-to-date P&L.
Diploma or transcript if full-time student during past two years.
Leases for current rental properties.
Divorce decree and evidence of 12 months payment for child support/alimony (if using this income to qualify).
Legal Photo Identification
Valid Social Security Number or Tax Identification Number
Assets & Liabilities
Statements covering transactions for the past two months for all bank/stock accounts (one quarterly statement for stocks/bonds/IRAs).
Name and address for any private mortgages or loans outstanding.
Account information (balances/monthly payments) for all credit cards, auto loans, mortgages and other loans.
Copy of ratified divorce decree or separation statement for alimony or child support obligation.
Reverse Mortgage
Mandatory Documents
HECM Counseling Certificate.
Photo ID – Driver's License or State ID or Passport.
Social Security Card or Medicare Card.
Homeowner's Insurance Policy.
These Documents May Be Needed:
Most recent mortgage/equity line loan statement.
Property tax bill – depending on the lender.
Power of Attorney/copy of trust agreement/guardianship.
Death Certificate (if deceased spouse is on the deed).
Marriage Certificate/Birth Certificate.
Marriage Certificate/Birth Certificate.
Copy of your survey of the home.
If the property is held in a trust – a copy of the trust agreement.
Legal Photo Identification
The preceding is a list of typical documentation we request from our members once they have expressed a desire to proceed with a loan application. This information is provided for your information only. It is not a request to produce any additional documentation. If you decide to proceed with Wheelhouse Credit Union as your lender,
you may be asked to produce some or all of this information. Additional information may be required.