Information Needed for Your Loan

Depending on the type of loan and the lender, the following items might be needed

Documentation Checklist

Here is a checklist of items that our lenders/investors may request. For a stated income loan, income documents (W2, tax return, 1099) are not required. Note: Your loan approval can be withdrawn if the lender does not receive these promptly. We do not need originals; faxing copies is acceptable.

Borrower	Co-Borrower	Item
		All borrowers: Copy of driver license or government-issued photo ID
		All borrowers: IRS Form 4506T

		If self-employed: Federal Tax Return for last 2 years
		If 25%+ of income is commission: Federal Tax Return for last 2 years

		If employee: W2s for last 2 years
		Paycheck stubs covering the last 30 days

		Bank statements for last 90 days (not every account, just enough to document that you have 2~6 months of reserves; Please include all pages, including blank ones)
		Checking, Savings, Mutual funds, Stocks, 401k

		If claiming miscellaneous income: 1099s for last 2 years
		If claiming investment income: Federal Tax Return for last 2 years
		If receiving gift money: Gift letter and Proof of funds
		If claiming rental income: Rental agreements for all properties
		If you’re a business owner: K-1s for last 2 years

		If divorced: Divorce papers
		If bankruptcy: Bankruptcy papers

		If non-citizen: copy of visa papers

		If re-financing (not purchase):
		Copy of Note for first mortgage loan
		Copy of recent statement for first mortgage loan
		Copy of Note for second mortgage or line of credit
		Copy of recent statement for second mtg or line of credit
Other Information:
Your fire insurance agent		Name & Phone #:
Your employer’s phone #		Main Phone #:
		(a phone number which can verified with Directory Assistance)

Please email or fax these items to:

KRC Group, Inc.

Steve Rumberg ()

Fax: (408) 723-5200 (no cover necessary)

Any questions? 408-723-5200 or

Thank you!