Whitley Mortgage Associates, Inc. NMLS# 107585

Required Documents FHA Home Loan Purchase

☐ Offer to Purchase and Contract

☐Copy of valid and legible photo ID (ex: driver’s license or passport)If the address referenced on your ID is different than your current address, please make a note as to why on the copy of your ID (example: I have not changed my address with the DMV as of yet but intend to do so once this transaction closes).

Copy of paystubs that cover at least 35 days: You will need to continue to send pay stubs as you get them throughout the process.

Copy of SSI benefits letter for current year: If applicable

☐ Most Recent Two Years W-2s

Most Recent Two Years Federal Tax Returns: We will need these if you are self-employed. We do not need the state returns. We need all pages and all schedules.

Most Recent Two Years Federal Business Tax Returns: If applicable, all pages and all schedules.

Investment Property Leases: If applicable, current and signed by you and the tenant.

Child Support and/or Alimony: If you owe/ pay child support, alimony or separate maintenance to another party, we’ll need the court order showing verifying the amount and terms of payment.

☐ Copy of a YTD Profit & Loss on any businesses you own: If applicable, this can be self prepared and must be signed and dated. An audited YTD P&L may be required later in the process if the UW determines it necessary.

Mortgage Statements on ALL homes you own that have a lienThis includes primary home, second homes and investment homes. If taxes and Homeowners Insurance are not included in your mortgage payment(s) we will also need a copy of the HOI Declarations page and the property taxes for each property.

If you recently sold a home, send a copy of the executed closing disclosure from that sale along with a copy of the bank statement showing where the proceeds were deposited into your account.

Funds to Close/ Bank Statements: Most recent two months accounts statements to verify any cash due at closing.

☐ Proof of Earnest money Deposit and Due diligence fee: Copy of the cleared/cancelled check and two months of bank statements from the account that they came out of. We will have to see a transaction summary showing the money coming out of your account with an updated balance. Please send all pages of your statements covering the last 60 days. *You may not have this information for a few weeks due to having to wait for a third party to deposit the EMD and DD checks.

☐ Homeowner’s insurance contact: You determine who you would like to have your homeowner’s insurance. Once you have determined, please send us an email with the agent’s name and phone number.

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