Qualify for a Purchase Loan

 If you’re like most people, purchasing a home is probably one of the biggest investments you’ll ever make in your lifetime. If you’re considering buying a home, you’re likely aware of the complexity of the endeavor. Because of the numerous factors to consider when purchasing a home, it’s important to prepare as best you can. At First Nations Mortgage we are dedicated to finding the loan that fits your individual needs for a home purchase. 

W2 Borrowers:

* 2 Most recent year W2

* 2 Most recent months of paystub

* 2 most recent month bank statement

* Copy of ID

Self-Employed Borrowers:

* 2 Most recent year tax returns (personal and business)

* 2 most recent month bank statement

* Copy of ID

Self-Employed Borrowers using Bank Statement for income verification:

* 12 Most recent most of business or personal bank statements

* 2 Most recent year business license or any types of business verification.

* CPA letter verifying business existence and business expense factor.

* Copy of ID

*** For Borrowers that own multiple properties than subject, these additional documents are needed:

* Most recent month mortgage statement

* Most recent year property tax statement

* Most recent year property insurance statement

* Most recent year property HOA statement