Papke Group Capital Partners
Huntington Beach Mortgage
FHA
Loan Guidelines:
FHA loans can make your 2-4 unit Multifamily Apartment buying dream a reality with competitive rates
and a low down payment.
Prepare for your FHA Multifamily Apartment loan with some important steps to make sure you
can afford the mortgage.
Click Below:
For Further Information
Please us return arrows, to return to
this page:
(1)
FHA
Refinance
(2)
FHA
Loan Limits
(3)
The Obama Mortgage
(4) The FHA
Loan
(5)
The FHA Guidelines
(6)
THE FHA Loan Types
(7)
FHA Calculators
(8)
Down
Payments Grants
(9)
The FHA Foreclosure List
FHA Loans - Documents Needed for FHA Loan:
The most
important thing to understand is that the loan approval process is
100% dependant on your documentation.
To insure a smooth
transaction, it is imperative that you have all of your documents
gathered prior to you initial loan application.
Following is a list
of all the documents you will need. Please feel free print this
screen and use this as a checklist.
Employment Information:
Most recent two years complete tax returns with all schedules.
Most recent two years W-2's, 1099's,
etc.
Most recent pay stubs covering one month period.
If Applicable: Self-Employed will need Three years Tax Returns and
YTD Profit & Loss Statement.
Savings Information:
Most
recent three months complete bank statements for any and all
accounts with all pages.
Most recent statement from retirement, 401k, mutual funds, money
market, stocks, etc.
Credit Information:
Most recent statements
from your bills, indicating minimum payments and account numbers.
Name, Address, and Phone number of your landlord, or 12 months
cancelled rent checks.
If Applicable: Should you have no credit. Copies or your most recent
utility bills will be needed.
If Applicable: Copy of complete Bankruptcy and Discharge Papers.
If Applicable: If you co-signed for a mortgage, car, credit card,
etc, need 12 months cancelled checks.
front and rear, indicating you
are not making payments.
Personal Information:
Copy of Drivers
License.
Copy of Social Security Card.
If Applicable: Copy of complete Divorce, Palimony, Alimony Papers.
If Applicable: Copy of Green Card or Work Permit.
If Applicable: If you own another home's - see below
If a Refinance or you own Rental Property
Copy of Note & Deed from current loan.
Copy of Property Tax Bill.
Copy of Hazard (homeowners) Insurance Policy.
Copy of Payment Coupon for current Mortgage.
If Applicable: If property is multi-unit, need Rental Agreements.
Additional documents
may be needed upon review of your file and on a case-by-case
scenario.
Rates,
comparisons, fees and programs are subject to change without
notice.
Information is intended for mortgage professionals only, and not for
distribution to consumers,
as defined by Section 226.2 of Regulation Z, which implements the
Truth-in-Lending Act.
~
Call
Today:
For more detailed information on
any of our loan programs and the loan application process,
contact us today to learn how we can help you obtain the correct loan for your
project or business.
Peter
Papke (714)
287-1000
●
Rick Reza
(714) 713-8618
DRE
Lic. 01118098
DRE Lic. 00970335
Updated:
October 04, 2010