Loan Prequal Checklist CS-1

L o an P re - qua l i fi ca t i on D oc u m e nts We will need the following items to start the pre-qualification process: If y ou are a W-2 E M P LOYE E : ▪ Pay stubs for the previous month ▪ Bank statem ent s fo r t h e p r evi o u s 2 m o nt h s ( a l l p a g es ) ▪ W 2’s for t he prev io u s 2 y e a r s ▪ Fu ll tax ret urns and 1 0 9 9 ’s w i t h a l l s c h e d u l e s fo r t h e p r evi ou s 2 yea r s ▪ Copy of driver's license If y ou are S E L F -E M PLOYE D o r a B U SI N ESS OW N E R : ▪ Fu ll tax ret urns and 1 0 9 9 ’s w i t h a l l s c h e d u l e s fo r t h e p r evi ou s 2 yea r s ▪ Cu rrent Profit and L o s s Sta te m e nt, a n d B a l a n ce S h eet ( s i g n ed a n d d a ted ) ▪ Bank statem ent s fo r t h e p r evi o u s m o nt h ( a l l p a ges ) If y ou hav e R E T I R E M E N T, D I SAB I L I TY, TR U ST o r OTHER s ou r ces of i n com e: ▪ Pensions or S oc ial Se c u r i t y d o c u m e nts w i t h a w ar d l etter s or ta x d ocu m ent s ▪ Bank statem ent s fo r t h e p r evi o u s m o nt h ( a l l p a ges ) ▪ Proof t hat incom e w i l l co nti n u e fo r a t l e a st 3 y ea r s ▪ Trust fund incom e ( d o c u m e nta ti o n f u n d s h a ve b een r ecei ved for p r evi ou s 2 yea r s ) If y ou hav e R E N TA L P RO P E RTI ES* ▪ Provide rental agreements if property is not filed on tax returns ▪ Ta x ret urns for t he p r evi o u s 2 y e a r s ( p a g e 1 a n d 2 of S ch ed u l e E) * Ta lk to m e if y ou pl a n o n m a k i n g y o u r c u r r e nt r es i d en ce i nto a r enta l p r op er t y AD D IT I O N A L I NFO R M ATI O N ( i f a p p l i ca b l e ) : ▪ Signed and recorded co py of Divorce Decree, Child Support Order, Spousal Maintenance orders ▪ Complete bankruptcy papers (full discharged) if less than 7 years ago ▪ Lender originated “G i f t L ette r ” a n d a co m p l ete p a p er-t r a i l for t h e g i fted mon ey ▪ If you own other properties, please provide a mortgage statement showing a breakdown of payment to include taxes & insurance. If taxes & insurance are not included in mortgage, provide proof of property tax & homeowner insurance premiums. Fo r m or e i n for ma t i on , p l ea s e conta ct :

Te a m S c o t t Let ’s Connect! Follow Penrith Home Loans on:

This document is not intended as an offer to extend credit nor a commitment to lend. The loan interest rates, fees and terms presented here are for illustrating purposes only and may not be currently available. The document was prepared to assist real estate professionals in illustrating some of the financial options available. WMS Series LLC/AT dba Penrith Home Loans/AT WA-CL 713524, OR-ML 5271

220 “A” Av enue, S uite 2 0 0 | L a ke O sw e g o, O R 9 7 0 3 4 A cco unta b i l i ty Ma tters a t Pen r i th Home Loa n s

C l ay to n S c o tt , N M L S I D # 7 5 4 4 0 7 Br a n ch M g r /Mor tg a g e C on s u l tant 503.497.5060 | [email protected] pe nri t hl oa ns. com /cscott Dylan Scott, NMLS ID# 965926 Associ ate Mort ga ge Consul ta nt 503.497.5281 | [email protected] Penrith Home Loans/Lake Oswego