Home Loans
Mortgage Loan Checklist: Refinancing Tips
(presented by www.refinance-refinance.net - mortgage lenders)
By Sandy Sarconi
The loan process can be tiresome. However, if you are prepared the process can be streamlined. Please locate the documentation below and have it ready to fax when your loan officer requests it. You will need to make copies of the following for processing your loan.
1. Declaration page of Home Owners’ Insurance Policy
2. Drivers License and Social Security card
3. All pages of the Promissory Note on your current 1st mortgage
4. Mortgage Coupon or copy of your Monthly Mortgage Statement (for both 1st and 2nd mortgages)
Income Documentation
For hourly or salaried employment, please copy the following documentation:
Original W-2 for the last 2 years
Copy of original paycheck stub showing year-to-date income (1 month worth of pay-stubs)
For borrowers who are self-employed please provide the following information: copy of last 2 years, 1040
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For additional Mortgage Refinancing information
and resources visit Mortgage Refinancing.
(http://www.refinance-refinance.net)
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