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Generally, you will be asked for documentation to support your income, liabilities, and funds to close. This
documentation will establish your credibility as a borrower, your ability to repay the FHA home loans and your
willingness to repay the loan.
The following is a list of documents that most likely will be required by the lender to process your FHA mortgage when a
Purchase Money Transaction as required by HUD:
For Wage Earner Borrower; One full month's worth of paystubs showing Year to Date earnings
Last 2 years W-2's (salaried income)
For Self Employed Borrowers; Last 2 years tax returns with all schedules (commission, dividend, rental income)
Copies of social security, pension, and/or retirement award letters (if applicable)
Last two months bank statement for all accounts with all pages
Current statements for all investment accounts with all pages
Written explanation for any credit derogatories
Copy of Bankruptcy and discharge paperwork (if applicable)
Divorce decree and any settlement paperwork (if applicable)
Copy of your Drivers License and Social Security Cards.
Name, Address and phone number of your Landlord for the past 12 months.
Copy of your Sales Contract with Listing and Selling Agent phone Numbers
Clear Termite Report
Well and Septic Certifications (if applicable)
For Regular Refinances including Non FHA loans to FHA loans, Cash Out Loans and certain other transactions:
One full month's worth of paystubs showing Year to Date earnings
Last 2 years W-2's (salaried income)
For Self Employed Borrowers; Last 2 years tax returns with all schedules (commission, dividend, rental income)
Copies of social security, pension, and/or retirement award letters (if applicable)
Last two months bank statement for all accounts with all pages
Current statements for all investment accounts with all pages
Written explanation for any credit derogatories
Copy of Bankruptcy and discharge paperwork (if applicable)
Divorce decree and any settlement paperwork (if applicable)
Copy of your Drivers License and Social Security Cards.
Copy of you current Mortgage coupons or statements
Clear Termite Report
Copy of your Homeowners insurance
Copy of your Survey (only applies in survey states)
For FHA Streamline Refinances the following documentation may be required:
Copy of your current Note
Copy of the First Two pages of your mortgage or Deed of Trust
Copy of your Drivers License and Social Security Card
Copy of your Homeowners insurance
Copy of your Survey (only applies in survey states)
Copy of you current Mortgage coupons or statements
Once receiving your documentation most lenders will handle acquiring other documentation such as title reports, credit
reports and appraisals if required. It is not uncommon for the lender to have the borrower pay for the cost of the credit
report and appraisal.
documentation will establish your credibility as a borrower, your ability to repay the FHA home loans and your
willingness to repay the loan.
The following is a list of documents that most likely will be required by the lender to process your FHA mortgage when a
Purchase Money Transaction as required by HUD:
For Wage Earner Borrower; One full month's worth of paystubs showing Year to Date earnings
Last 2 years W-2's (salaried income)
For Self Employed Borrowers; Last 2 years tax returns with all schedules (commission, dividend, rental income)
Copies of social security, pension, and/or retirement award letters (if applicable)
Last two months bank statement for all accounts with all pages
Current statements for all investment accounts with all pages
Written explanation for any credit derogatories
Copy of Bankruptcy and discharge paperwork (if applicable)
Divorce decree and any settlement paperwork (if applicable)
Copy of your Drivers License and Social Security Cards.
Name, Address and phone number of your Landlord for the past 12 months.
Copy of your Sales Contract with Listing and Selling Agent phone Numbers
Clear Termite Report
Well and Septic Certifications (if applicable)
For Regular Refinances including Non FHA loans to FHA loans, Cash Out Loans and certain other transactions:
One full month's worth of paystubs showing Year to Date earnings
Last 2 years W-2's (salaried income)
For Self Employed Borrowers; Last 2 years tax returns with all schedules (commission, dividend, rental income)
Copies of social security, pension, and/or retirement award letters (if applicable)
Last two months bank statement for all accounts with all pages
Current statements for all investment accounts with all pages
Written explanation for any credit derogatories
Copy of Bankruptcy and discharge paperwork (if applicable)
Divorce decree and any settlement paperwork (if applicable)
Copy of your Drivers License and Social Security Cards.
Copy of you current Mortgage coupons or statements
Clear Termite Report
Copy of your Homeowners insurance
Copy of your Survey (only applies in survey states)
For FHA Streamline Refinances the following documentation may be required:
Copy of your current Note
Copy of the First Two pages of your mortgage or Deed of Trust
Copy of your Drivers License and Social Security Card
Copy of your Homeowners insurance
Copy of your Survey (only applies in survey states)
Copy of you current Mortgage coupons or statements
Once receiving your documentation most lenders will handle acquiring other documentation such as title reports, credit
reports and appraisals if required. It is not uncommon for the lender to have the borrower pay for the cost of the credit
report and appraisal.
