What you need to get ready before applying for a mortgage loan – Diamond Funding Corporation

Loan Application Checklist

In general, the documentation you will need includes:

For Purchases - Property Information

Purchase Agreement.

Copy of legal description and MLS sheet.

If you are selling your current home, copy of listing contract.

If you have sold your current home, copy of settlement statement (HUD-1).

Income & Assets

Pay stubs for the last 30 days.

For the past two years:

	Names and addresses of each employer.
	W-2s

Statements for each bank, mutual fund, and/or investment account for the last three months.

If you have made any large deposits to your accounts:

Explanation and source for deposit.

If large deposit was a gift:

	Signed gift letter (lender can supply).
	Copy of gift check.
	Copy of deposit receipt.

If you own more than 25% of a business:

Corporate or partnership tax returns.

If self-employed:

	Tax returns for the last three years (with schedules).
	Year-to-Date Profit and Loss Statement prepared by an accountant.

If you own rental property:

Tax returns for the last two years and current rental agreements.

If you are retired:

Pension Award Letter.

If you receive Social Security:

Social Security Award Letter.

If you are counting child support as income:

	Copy of divorce settlement.
	Copy of twelve months of cancelled child support checks.

Debts

Explanation of credit report anomalies, including:

	Late payments, credit inquiries in the last 90 days, charge-offs, collections, judgments and/or liens.
	Bankruptcy filed within last seven years (provide a copy of your bankruptcy papers).

VA Loans

Copy of DD Form 214, Report of Separation.

Miscellaneous

Photo ID and proof of Social Security number.

Residence addresses for the past two years.

If applicable, a copy of your divorce decree.

If you are not a citizen, a copy of the front and back of your green card.

Customer Commitment Our service culture is precisely in sync with our customers' needs. It's a mindset that values customized solutions over off-the-shelf thinking. We listen more than we talk, and when we act, it's driven by customer goals. Our customers are some of the most intriguing people. We're proud of our role in their success, and are deeply committed to expanding our customers' growth. At the center of our commitment are our people, some of the kindest we've known. We are innovators, collaborators and exceptional performers, all made evident by the facts: Over 120,000 have partake in our services. We u

Like No Other Lender.

nderstand that when we do more, our customers can do more. With every problem solved, we are delivering on a promise to our customers: your success is our business.

Serving MA, NH, RI, CT, WV, VA, PA, OH, and FL. Coming soon NJ and HI.

Loan Processing Centers:

189 Main Street, Milford, MA - (508)-381-6400

2420 Pennsylvania Ave., Weirton, WV - (304)-723-3030

Office Locations:

Milford, MA

Weirton, WV

Steubenville, OH

Cranston, RI

Pelham, NH

Cotuit, MA

New Bedford, MA

Kintersville, PA

Palm Beach Gardens, FL

Marco Island, FL

Toll Free Connecting All Offices - (800)-553-3770

Experience The Diamond Difference.

Diamond Funding Corporation