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Dear Borrower(s): The following documents / information are needed for the loan process. Please submit your signed loan package and supporting documents to us as soon as possible in order to expedite the processing of your loan file: Loan Package: · Signed loan application & disclosures · Signed IRS 4506T Form · Legible copy of driver license · Legible copy (front & back) of green card Income: · Copy of most recent 1 month Paystubs with Y-t-d earning · Copy of most recent 2 years W2’s · Copy of most recent 2 years Business license · Copy of most recent 2 years 1040’s Personal Tax Return with all schedules (resign signature page) · Copy of most recent 2 years 1120’s Corporation Tax Returns with all schedules (resign signature page) · Copy of most recent 2 years K1’s & 1065’s Partnership Tax Returns with all schedules (resign signature page) · Y-t-d profit & loss statement with balance sheet (signed & dated) · Copy of rental agreements on all rental properties owned · Mortgage information on all rental properties owned Source of Fund: · Copy of most recent 2 months bank statements (ALL PAGES) including investing & retirement accounts · Gift Letter & copy of donor’s bank statement to evidence source of gift fund Purchase: · Real estate agent’s contact information (name, phone #, email address) · Purchase Contract · Escrow receipt or Escrow information (escrow #, phone #, Escrow officer’s name) · Termite / roof inspection report and clearance Others: · Copy of current hazard insurance policy · HOA information (HOA name, phone #) · Trust Agreement (ALL PAGES) · Copy (front & back) of most recent 12 mo canceled rent check or Landlord Rating Letter · Copy of Divorce documents Thank you for the opportunity to assist you Mercury Financial Corporation
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