Document Checklist and Instructions

A properly documented loan application makes your loan process go smoothly. This checklist will help you gather your paperwork.

1. Complete and sign the residential loan application available on this site at the "Apply Now" button, credit authorization and fair lending notice. Page 4 of the application is a continuation page in case you need additional space for your assets or liabilities.
2. If you are salaried: provide W-2's for the previous two years and one month of paystubs. If you are self-employed, provide tax returns for the previous two years, including all schedules and attachments (K1-1099 etc), we may need a YTD profit and loss statement. (Note: provide copies of all requested documents. Do not provide original documents.)
3. If you own rental property, provide recent rental agreements and tax returns for the previous two years, including all schedules.
4. Please provide copies of you last two months complete (all pages) checking, savings , brokerage and retirement statements
5. If you are requesting a cash out refinance, provide a letter explaining how you will use the refinance proceeds.
6. If applicable, provide a copy of your divorce decree and settlement agreement.
7. If you are NOT a US citizen, provide a copy of your green card (front & back). If you are NOT a permanent resident provide a copy of your H-1 or L-1 visa.

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Beacon Mortgage, div of First National Bank of Chester County - 11300 Rockville Pike #1204 - Rockville, MD 20852
Office Phone: (301) 984-3600 Fax: (301) 984-3232 Toll Free Phone: (866) 984-3600

                     We lend in the following states: MD, DC, VA, NJ, PA, FL, and most other states.  Call for details.

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