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, Form 1003, and the attached loan info sheet, 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. If you make a mistake while filling out the application cross it out, and make a change. Do NOT use whiteout.
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 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. To speed up the approval process, provide bank statements for the most recent three months, and recent statements for stock, mutual funds and IRA/401K accounts.
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.
8. If any borrower has filed bankruptcy, provide the Discharge Notice, Filing and Schedule of Creditors.
9. If you are applying for a home equity line of credit or loan (second loan), also include your first mortgage note. (This should be with your closing loan documents.)

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Texas Mortgage Company - 6860 North Dallas Parkway, Suite 200 - Plano, TX 75024
Office Phone: 972)867-0056 ext. 234 Fax: (214) 227-3888 Toll Free Phone: (877) 690-2200 ext. 234
Email: steven@texasmortgage.com

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We lend in the following states: Texas -TMBL 241 - NMLS 273767

15 year simple fixed rate loan with 20% down payment required on a $100,000 value - effective 10/24/04 - offer may terminate at any time without notice - rate and annual percentage rate (APR) calculated on a 365 day year with typical/normal closing costs - Rates/APRs subject to change with changes in closing costs - properties and applicants must qualify - other restrictions may apply. 
  Interest Rate, Points and Programs cannot be guaranteed and are subject to change without notice.

This is not an advertisement for credit as defined by paragraph 226.24 of regulation Z.  

All interest rates are subject to DU/LP Findings and adjustments. 

Interest Rates Are For Purchase Only

Refinance Interest Rates Are Higher - Please Call Or Email For Quote

The maximum loan amount for a conforming loan is $417,000 and the Jumbo loan starts at $417,000 to $650,000. Interest Rates and APR's are based on loan amounts of $350,000 >cs740 for Conforming and $600,000 cs>740 for Jumbo loans and $180,000 cs>680 for VA loans. Points/Fees/Rates may vary for different loan amounts. TEXAS CASH-OUT has additional adjustments based on loan amount.

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