Types of Loans
If you are in the market to purchase your first home, your next home or a vacation home, you will find the answers and advice you need when speaking with a MortgageRight loan officer.
Right Approval Document Check List
A pre-qualification is based on only limited information, such as a review of your credit report and the income and assets you stated on your application. It’s usually a quick and simple process. A pre-approval is a more complex process that requires submitting a formal loan application and providing verifying documentation regarding your financial situation. We then submit your full loan file to underwriting for a fully underwritten pre-approval. A seller is much more likely to accept an offer from someone who has been fully pre-approved vs only pre-qualified and you'll rest much easier too!
The following is a list of items we need initially to have you fully pre-approved with our Right Approval Program!
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Most recent 30 days of pays tubs
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Most recent 2 years W-2’s
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Most recent filed 2 years personal tax returns with all schedules
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Most recent business tax returns and/or K1 forms for any partnerships (if applicable)
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Contact info to verify your employment for the past two years
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Most recent 2 months personal checking account, savings account, and any retirement fund statements (all pages front and back)
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Please document any large non-payroll deposits by providing a copy of the cancelled check & deposit slip
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Legible Photo ID (Driver’s License or Passport)
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If any real estate is currently owned, provide recent mortgage statement, insurance bill, property tax bill, and HOA
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statement (if applicable)
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DD214 for VA loans
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Divorce decree (if applicable last 10 years)
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Bankruptcy petition & discharge papers (if applicable last 10 years)
These documents can be sent directly through our Secure Document Upload site!