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NEWBRIDGE HOME LOANS
 
Documentation

Mortgage Documentation

Depending upon what loan program you choose,documentation will be required to process and underwrite your loan. Here are the categorized requirements for your convenience.

Income Documentation

Conventional Loans
  • Last 2 years W2 forms.
  • Last 2 pay stubs (covering 1 month.
  • Last two years signed 1040's, all schedules if 25% or more of your income is from self employment, overtime, commissions, or employment.
  • Last 2 years business tax returns if you own 25% or more of a business.
  • Current business income statement.
  • Proof of Social Security, pension, or disability income.


  • Private and Hardmoney Loans
      Commercial
    • Executive Summary
    • Personal Financial Statement
    • Last two years signed 1040's
    • Last two years operating statements
    • Year to date Profit and Loss
    • Rent roll
      Residential
    • Last two years signed 1040's
    • Last 2 pay stubs (covering 1 month)
    • Last 3 months bank statements

    Miscellaneous Information which may be required.

    Complete list of current debts and minimum monthly payments (may be taken from credit report). Last 12 months cancelled checks (front and back) for rent or land contract.

    Asset Information

  • Last 2 months bank statements - all pages.
  • Last quarter investment or trust accounts.
  • Copies of stocks, bonds, or US savings bonds.
  • Current statement for 401(k) or IRA accounts.
  • Real Estate you now own: address, current value, loan balance, monthly payment, and rental income if any.
  • Listing agreement and sales contract if selling your current home.


  • Home Information

  • Copy of your sales agreement.
  • Copy of homeowners insurance.
  • Contact information for your homeowners association if applicable.


  • Miscellaneous Information which may be required.

    College diploma if graduated within last two years. Copy of Drivers License or picture ID at closing. Gift letter signed by donor and proof of receipt. Landlords contact information. Copy of your earnest money deposit check. Contact name and phone for appraisers access to property.

    Your Realtor's contact information.

    Please call for more details.