Required Documents - Self-Employed Borrowers
Submit with completed & signed 1003 & borrower’s authorization form.
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1. |
2 Years Business License |
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2. |
2 Years 1120 Partnership Returns including all schedules |
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3. |
2 Years 1065 Partnership Returns including all schedules |
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4. |
Schedule K-1’s covering 2 years |
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5. |
P&L statement for the current year, signed |
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TO FOLLOW: |
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Fully Executed Purchase Contract |
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Escrow Instruction, Vesting |
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Preliminary Title Report |
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Satisfactory Appraisal |
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Estimated HUD-1 Sales of Property |
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Copy of CA Driver’s License & SSN or proof of citizenship/legal residence |
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Deed |
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Statement of Identity |
During the processing of your loan, please DO NOT DO any of the following:
DO NOT change jobs
DO NOT charge credit cards to the maximum
DO NOT apply for new credit accounts
DO NOT make large withdrawals or deposits into your accounts
DO NOT buy a car
DO NOT ask or request or event hint to any loan officer, lender or broker that you
want them to run your credit
DOING or Performing any of these items CAN AFFECT drastically the ability
of the financial institution to grant your loan.