Required Documents
Gathering documentation for a loan application is quite simple. Various items will be required depending on your specific circumstances, but most should be close at hand. Your Axiom Mortgage Consultant will advise you regarding necessary documents for loan processing. Personal Information
- W-2s from all employers for the last two years
- 2 years personal tax returns if self-employed
- Pay stubs from all employers covering the previous 30 days
- Bank account statements for the last two months
- Deposit for appraisal and credit report
Business Information
If you are a sole proprietor, partnership or corporation, we will need:
- Federal tax returns for the last two years
- Year-to-date profit and loss statement ¾ signed and dated, please
- Partnership K-1 for the last two years
- Partnership federal tax returns for the last two years
- Corporate federal tax return for the last two years
Miscellaneous Information
Other documents that may be required:
- Real Estate Purchase Contract - if an offer has been accepted
- Gift letter: donor's name, address, tel. number and relationship to borrower, gift amount
- Social Security or retirement income: award letter and current check stub
- Bankruptcy: signed petition and discharge papers
- Divorce: signed divorce decree
- Commission income: federal tax returns for the last two years
- Child support income: 12 months of cancelled checks
- Alimony income: 12 months of cancelled checks
- Investment property income: rental agreements, federal tax returns for last two years
- Co-signed account: 12 months of cancelled checks
- First mortgage note
For Long-Distance Clients:
Please do not mail original documents! Mail photocopies only. Send documents directly to your Mortgage Consultant at their Axiom Financial branch location. If you have questions, please call (888) 656-LEND (5363).
