Once you're ready to apply for financing, Community Mortgage Funding, LLC. will ask for the list of documents listed below. Purchase borrowers can apply for financing without a subject property. This is known as a *pre-approval.

Learn to avoid the common mistakes borrowers make during the loan process.  Click Here

Conventional, Conventional High Balance, Jumbo, FHA, VA, USDA and Reverse Mortgage financing is available in the following states: AZ, CA, CO, FL, ID, IL, KS, MI, MN, NV, NJ, OH, OK, OR, PA, TX and WA. 

Start gethering the documents you'll need to complete your application. This information will help us to render a lending decision.

 

All:

• Most recent month’s paystubs

• 2 months bank statements with all pages

• 2 years W-2s and/or 1099s (if applicable)

• 1st page of federal tax returns

• Divorce decree (if applicable)

• Current mortgage statement (refinance)

• Declaration page of homeowner’s insurance (refinance)

 

If self-employed, please also provide:

• 2-year Personal Tax Returns and 2-year Business Tax Returns signed

• Profit & Loss (P&L) current year and 3-months Business Bank Statements

 

If you have rental income, please also provide:

• Rental leases (if applicable)

• 2-year Tax Returns and recent Mortgage Statement for each property

 

If applying for a VA loan, please also provide:

• Copy of DD 214

 

Each individual situation may require additional documents not listed above. Documents must be current within 60 days of loan closing and we may contact you for updates. Your Loan Officer will also contact you to collect payment for the appraisal and credit report fees.

*Pre-approval - A pre-approval is what you need to start your home search. A real estate agent will ask you for this document to help you find a property within your approved price range. Send us your financial details, we'll calculate a customized loan estimate for you, and provide a pre-approval.   Click here to search for homes. 

Pre-qualification - A mortgage prequalification is a good way to get an estimate of how much you can afford or if a refinance may reduce your monthly housing expense. A pre-approval takes it one step further by verifying the financial information you submit to get a more accurate amount. CMF provides exactly what you and your agent needs, a pre-approval.