Purchase

Let us guide you through the home purchase process.

DOCUMENTS REQUIRED FOR A RESIDENTIAL LOAN MORTGAGE

Below is a list of documents that are required when you apply for a mortgage. Having the necessary financial documentation ready when you talk to our loan expert will speed up the mortgage process.

Every situation is unique and you may be required to provide additional documentation; our loan experts are ready to help you to determine what documentation you’ll need for your particular situation and to help close in a timely manner.

1

Credit History

When you apply for a mortgage, we must access your credit report to know how credit worthy (or risky) you are as a borrower. Borrowers with high credit score are more likely to qualify for a larger loan, better loan options, and/or a more favorable interest rate . We’ll need your Social Security number and date of birth.

2

Your Property

  • Copy of signed sales contract including all parties
  • Verification of the deposit you placed on the home
  • Names, addresses and telephone numbers of all realtors, builders, insurance agents and attorneys involved
    Copy of Listing Sheet and legal description if available. You may also need to provide condominium declaration, by-laws and most recent budget, ....if the property is a condominium.
3

Proof of Income

To make sure that you are able to make your mortgage payments, we need to see proof that you have a source of income. Following documents are usually required:

  • Copies of your pay-stubs for the most recent 30-day period and year-to-date
  • Copies of your W-2 forms for the past two years – Your W-2 forms will help your lender verify that you are employed and will show your income ...history.
  • Names and addresses of all employers for the last two years
  • Letter explaining any gaps in employment in the past 2 years
  • Work visa or green card (copy front & back)

If self-employed or receive commission or bonus, interest/dividends, or rental income:

  • Provide complete tax returns for the last two years PLUS year-to-date Profit and Loss statement, * If you have filed an extension, please supply a ...copy of the extension.
  • K-1’s for all partnerships and S-Corporations for the last two years
  • Completed and signed Federal Partnership (1065) and/or Corporate Income Tax Returns (1120) including all schedules, statements and addenda ...for the last two years. (Required only if your ownership position is 25% or greater.)
4

If you will use Alimony or Child Support to qualify

  • Provide divorce decree/court order stating amount, as well as, proof of receipt of funds for last year
5

Source of Funds and Down Payment

To qualify for a mortgage, you need to be able to show that you have some money for the closing costs. Acceptable sources of funds may come from:

  • Sale of your existing home – provide a copy of the signed sales contract on your current residence and statement or listing agreement if unsold
  • Savings, checking or money market funds – provide copies of bank statements for the last 3 months
  • Stocks and bonds – provide copies of your statement from your broker or copies of certificates
  • Gifts – provide Gift Affidavit and proof of receipt of funds
  • Based on information appearing on your application and/or your credit report, you may be required to submit additional documentation.
6

Copy of Your Earnest Money Deposit

The earnest money deposit is a deposit made by a buyer towards the down payment in evidence of good faith when the purchase agreement is signed. You may be asked to provide a copy of the earnest money deposit.

7

Copy of Homeowners Insurance

Homeowner’s insurance is used to verify that you’ll have sufficient coverage on the property when getting a mortgage. It covers any damages that may affect the home’s value.

8

Debt or Obligations

  • Details of all current debts with copies of the last three monthly statements
  • Details of mortgage holders and/or landlords for the last two years
  • If you are paying alimony or child support, include marital settlement/court order stating the terms of the obligation

Get Started With Your Home Loan Application

Once you've begun the loan process, our loan expert will let you know exactly what documentation you'll need to get approved. If you would like to learn more about the process of getting a home loan, contact us at (786) 220-1100 or take the first step by getting pre-approved here for FREE!

Chris V.
Chris V.
13:06 22 Jun 22
This team was amazing to work with. Very diligent with their work and helped get the deal closed in a timely manner. Highly recommend!
Pablo R.
Pablo R.
20:52 18 May 22
Excelente experiencia de trabajo junto a al equipo de Lending Bankers. Nos guiaron de la mejor formar durante todo el proceso. Siempre estuvieron pendientes de los tiempos, de los documentos, revisan... todo y te alertan a tiempo de posibles necesidades y al final se cerro el proceso tal cual como nos indicaron desde el principio, sin sorpresas. La próxima vez pienso trabajar con ellos con toda seguridadread more
IVO C.
IVO C.
02:21 18 May 22
I had a great experience working with Danny Perez. He was always on top of all details. An excellent person. I highly recommend him!!!
Luis V.
Luis V.
19:24 16 May 22
Excelente servicio y compañamiento, con personal muy calificado, muy recomendado!
Muy complacido con el trato tan profesional de Danny Perez, hizo que mi proceso en la adquisición de mi nueva propiedad fuese muy fluido. Estuvo pendiente en todo momento, haciendo el seguimiento... adecuado para la ejecución en los tiempos acordados. Muy responsable y comprometido. Recomendado 100%.read more
Elias M.
Elias M.
15:52 13 May 22
Claudia and Ana were a pleasure to work with and I would highly recommend them to anyone going through this process. Hopefully I get to work with them again in the near future.
Tamir V.
Tamir V.
08:30 13 May 22
I have started working with Claudia and her team, Maria and Ana and all I can say is pure professionalism from the entire team. I am a real estate investor in Australia, and with that comes a big... complication to buy real estate and obtain a mortgage loan in the states not being a US citizen. I have started working with Claudia in March and I have just closed on the property with one of the best loan terms available in the States. Claudia has been super supportive and understanding of my complex Income streams and Investment portfolio and managed to secure it for me with Maria & Ana’s support. I will certainly use their services again with my new purchase and refer anyone interested in a US mortgage to them without a doubt in mind they will do the same over and over again!read more
Peter G.
Peter G.
23:36 05 May 22
I have dealt with Claudia Castano for several transactions in the past year. She is incredibly knowledgeable regarding the Miami real estate market -- both from the purchase/sale side and the lending... side. She has given me valuable advice on my investment projects (encouraging me on some and telling to avoid others). She responds quickly to all of my texts and phone calls. And, importantly, she is well liked by the realtors and title companies she has to deal with on my behalf. She is down to earth and friendly. I highly recommend her.read more
Stefano De A.
Stefano De A.
15:15 04 May 22
Mi experiencia con Gustavo y Larry en Lending Bankers ha sido realmente excepcional, absolutamente todo el proceso, atención y dedicación en todo momento fue excelente. El cuidado de los detalles,... los tiempos de entrega y atención, todo realmente maravilloso, con un servicio muy profesional y adecuado en cada uno de las etapas del proceso, con un resultado satisfactorio y exitoso. Muy contento con ellos los recomiendo totalmente.read more
Kathiuska R.
Kathiuska R.
21:58 29 Apr 22
Excellent work! From start to finish, my client Johnny was pleased with the service and attention that Lending Bankers provided. Thanks to Larry for his ethics and professionalism!Excelente ... trabajo! Desde principio hasta final, mi cliente Johnny quedó complacido con el servicio y atención que ofreció Lending Bankers. Gracias a Larry por su ética y profesionalismo!read more
Katie R.
Katie R.
17:24 18 Apr 22
We closed our 2nd commercial loan with Claudia. Just as the first time, the process was clear and smooth. She was able to guide us and structure the loan so we could get there very best terms,... making our investment even more attractive with a great interest rate. We worked together side by side gathering all documents and following ok ever step of the process. Definitely recommend her! Thank you Claudia.read more
Issys G.
Issys G.
15:09 18 Apr 22
Gracias por su buen servicio y atención, fue un placer trabajar con uds especialmente Nathy Velázquez. Me ayudo mucho con el procesó y fue muy amable.
Sanjay K
Sanjay K
00:37 09 Apr 22
I inquired about a loan with Katherine and she went above and beyond to assist me with my needs. My situation was urgent - and my employment history was minimum- so they were not able to work out a... loan which I understand.. Katherine still kept me informed about interest rates- let me know about every possible situation in my case - texted me throughout the day to help me any possible way she could. I will definitely return and hopefully get to work with Katherine in the near future. Best customer experience ever. Highly recommendread more
Rick W.
Rick W.
12:06 05 Apr 22
I recently had the pleasure of working with with Danny Perez at Lending Bankers Mortgage. I was purchasing a condotel apartment. Financing for this type of non-conforming loan is difficult to find.... Danny was familiar with these projects and offered some creative ideas on the easiest/best ways to obtain the needed financing. He was on top of the situation and communicated with me frequently. Danny took my information to several parties in order to provide the best interest rates. Danny is a true professional and I would highly recommend him for your financing needs.read more
Jimmy H.
Jimmy H.
00:58 05 Apr 22
I am highly satisfied with the great help of Lending Bankers Mortgage, specially thank you Claudia for assisted us during all the process until to the approval. Definitely It was an amazing... experience. I recommend it!read more
Roberto S.
Roberto S.
21:02 21 Mar 22
Gracias Claudia y Ana por sus atenciones .
Ileana R.
Ileana R.
16:56 21 Mar 22
La experiencia con Claudia y Ana con el refinamiento de mi casa fue muy bueno las recomiendo al 100%
Fernando P.
Fernando P.
14:30 21 Mar 22
Great experience working with Ana Salermo, her work was very professional with my buyer who was very grateful for her help in buying his new home.COLDWELL BANKER Ellison Realty
Nicolás C.
Nicolás C.
03:50 02 Feb 22
Simon
Simon
20:39 11 Jan 22
Muy agradecido con Gabriel y con David por su profesionalismo, hicieron el proceso sencillo, siempre respondieron a mis dudas sin importar el día y la hora, me mantuvieron informado de cada paso,... los tiempos se cumplieron como lo estimaron. ¡Muchísimas gracias!read more
ENRIQUE C.
ENRIQUE C.
18:38 05 Jan 22
La experiencia que tuve con Claudia y Ana en la refinanciación de mi casa fue excelente. Cuando otros bancos me habían dicho que no o que no tenían tiempo para mi, ellas trabajaron eficientemente y... rápidamente cerraron mi operación. A lo largo de todo el proceso hubo constante comunicación contestando el teléfono a cualquier hora y siempre haciendo seguimiento.Las recomiendo 100% para cualquier necesidad de mortage.read more
Juan R.
Juan R.
13:34 24 Nov 21
Thanks to Lending Bankers, I was able to close my first real estate deal while being 100% outside of the US.!!Given their expertise and high level standards, we managed to close a deal that seemed... impossible at the beginning. Working during very limited hours (EU+US) and being outside the US never represented a barrier for them.Eyes closed and hands down I personally recommend Lending Bankers as a trusted partner for residential loans!Ana (a.k Anita), David and Jacqueline are the best partners you could ever have for this complex journey.read more
Danet De L.
Danet De L.
17:43 23 Nov 21
I had the pleasure to work with Ana Salermo from the team at Lending Bankers. She was very professional and built rapport with my client Juan David right away, she is pro-active which is a quality... that I always look for when working with people since I am already so busy with clients the last thing I need is to be on top of somebody else to make sure they do their job correctly. Highly recommend her to other agents as an asset to their team.read more
Amad Naffah F.
Amad Naffah F.
01:22 20 Nov 21
Excelente servicio y mucho profesionalismo. Ya tengo varios Creditos tramitados con ellos y en todos me ha ido bien. Recomendados al 100%
Jp L.
Jp L.
19:20 19 Oct 21
Fantastic to work with. Very professional and knowledgeable.
Frida M.
Frida M.
15:00 19 Oct 21
Kind, fast, reliable and they know all the ways so that your loan is the best and most successful, Thank you David and Gabriel, for this easy and friendly closing, everyone happyFrida
José Manuel H.
José Manuel H.
16:24 14 Oct 21
Excellent service from Lending Bankers. David and Gabriel were great. Very responsive, took the time to explain every detail of the Loan and helped us to choose the best option. Definitely I... recommend them.read more
Alon B.
Alon B.
12:12 16 Sep 21
Working with Claudia was the most comfortable, smooth and pleasant experience, for the third time.She is professional, detailed, caring and available when ever you and/ or your project needs here... attention.read more
ARMET I.
ARMET I.
20:20 13 Sep 21
David and Gabriel did a very good job, during the purchase of my properties, providing me with support during the purchase process. Thank you so much. FAUSTO
Karol L.
Karol L.
00:23 11 Sep 21
Good and easy to deal with David and Gabriel, excellent service, professional and efficient. Always maintained contact through calls or text message. I knew every detail what was occurring with my... clients loan and the process. Thank youread more
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