Once you're ready to apply for financing, CMF 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.
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Community Mortgage Funding, LLC. is proud to lend in the following states: AZ, CA, CO, KS, MI, NV, OH, OK, OR, TX and WA.
Documentation needed as part of your loan process are:
A copy of your most recent pay stubs covering a 30-day period
A copy of your W-2's for the last two years, all jobs
Complete tax returns with all schedules for the most current two tax years
Two months of your most recent Bank/Asset account statements (all pages)
Divorce decree or separation agreement (if applicable)
Current mortgage statement & declaration page of homeowner insurance (refinance)
Documentation needed for Self-Employed or Commissioned Borrowers:
Complete federal tax returns with all schedules, W-2’s and 1099's for the last 2 years. Please also provide corporate, S-Corp, or partnership returns, if applicable.
Year to Date Profit and Loss Statement and Balance Sheet dated within the most recent 90-day period (unaudited)
Copy of Current Business License
VA loans - Additional Information Required:
Copy of DD 214
Each individual situation may require additional documents not listed above. In addition, your Loan Officer will contact you to collect payment for the appraisal and credit report fees.
What's the Difference
*Pre-approval - A pre-approval is what you are looking for in order 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. In order for you to receive your pre-approval CMF will ask you for your personal documentation to be verified. This gives you confidence in your home search.
Click here to search for homes.
Pre-qualifications - Is a tool to get an idea of what you can qualify for. Don’t be lured by this advertisement on many websites. It is known as a guess estimate were nothing is verified. CMF provides exactly what you and your agent needs, a pre-approval.