We need the following loan documentation for all hard money loan submissions:

• Loan Application (1003)
• Credit Report (if available)
• Income Documentation (see below)
• Digital Photos or Appraisal (if one has been done)
• Hazard/ Flood Insurance Declaration Page
• Purchase Contract (if applicable)
• Proof of Identification – Drivers License, Passport, etc.

Full Documentation

W-2 or Salaried Income:

• Last 2 years of personal tax returns
• 2 most recent paystubs
• Last 2 months of personal bank statements

Self-Employed:

• Last 2 years of personal tax returns
• Last 2 months of personal bank statements
• Last 2 years of business tax returns
• YTD (year-to-date) business bank statements
• Last 2 years of business license

Other acceptable sources of income:

Retirement Benefits, SSI, Disability, Foster Care, Public Assistance, Alimony, Child Support, Investment Income, Part-Time or Seasonal Income, Gifts, etc.

Lite, Stated, No Ratio and No Documentation:
Available only on single family residential investment properties and multi-family residential investment properties on a case-by-case basis. Please speak to one of our experienced mortgage specialists to determine whether or not your mortgage transaction qualifies.

Lite Documentation: 12 months personal bank statements.

Stated Documentation (Foreign Nationals Only): State income. For purchases, must provide proof of verified assets to close.

No Ratio Documentation (Self-Employed Only): Provide Full Income Documentation (tax returns) and 50% Debt To Income Ratio is not a factor (Must show ability to repay within reason). For purchases, must provide proof of verified assets to close.

No Documentation: For purchases, must provide proof of verified assets to close.