What info do I need to apply for a mortgage?

When applying for a mortgage you will need:

• Copies of most recent pay stubs for each applicant, reflecting a minimum of 30 days of income.
• Names/addresses of current employer(s) for most recent two years.
• W-2s for most recent two years.
• Two years of most recent tax returns, if required (for example: rental income or property is second home)
• Bank statements for last two months
• If self-employed, signed year-to-date profit and loss statement and signed returns for last two years
• Social Security and Disability award letter, if applicable
• Child support or alimony receipts (12 month history)
• Separation or Divorce Agreement (if applicable)
• Information on debts you owe such as auto loans, student loans and credit cards, private loans
• For a Purchase - Copy of Offer to Purchase and/or copy of the fully executed Purchase and Sales Agreement
• For a Refinance - Copy of mortgage bill from current lender
  Copy of first and subordinate lien bill(s) from current lender(s)
  Copy of your Homeowner’s Insurance Declaration Page and Flood insurance (if applicable)
  Condo- Condo Master Deed, Condominium documents (Trust) Completed Condo Questionnaire (provided by Sharon Credit Union.

We may ask for more information as your application is reviewed.