The following documentation
should be provided by each applicant with your application: (Originals
or very clear copies are acceptable.)
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|
Most
recent two years W-2's |
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|
Consecutive
paystubs covering the most recent full month |
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|
Three
most recent monthly statements for all depository accounts including
checking, savings, money market, certificates of deposit, etc.
|
•
|
Most
recent quarterly statements for brokerage accounts, 401k plans,
pension plans, IRAs, etc. |
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|
Name,
address, and phone number of current/previous landlord(s) for
past 24 month period (if applicable) |
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|
Copy
of Agreement of Sale (this applies to purchase transactions
only) |
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|
Copy
of Deed or Legal Description, if readily available |
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|
Copy
of current Homeowners Insurance Policy OR name and phone number
of Insurance Agent |
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|
Check
in the amount of $345.00 application fee made payable to Chesapeake Mortgage Funding, LLC
|
Special Cases
(If Applicable)
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|
Self-Employed
Borrowers: Copy of the past 2 years Federal 1040 Tax Returns
including all schedules and/or copies of the past 2 years Corporate
or Partnership Tax Return including all schedules |
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|
Rental
Income: Copy of Leases or Rental Agreements for all properties |
•
|
Construction
Loans: Copy of construction contract, blueprints, and detailed
builder specifications |
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|
Divorce:
Copy of Divorce Decree and Separation Agreement. Also, any settlement
or other documentation showing your right (or obligation) to
receive (or pay) alimony or child support. |
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|
Bankruptcy:
Petition and all paperwork for bankruptcy including Discharge
of Debtor documentation |
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|
Gifts:
Signed gift letter from each donor furnishing funds for
the transaction stating the gift amount and that the funds are
a gift with no repayment required. Please call for details.
|
•
|
Employment
Gaps: Signed letter explaining any employment gaps during
the last 24 month period. |
What
Constitutes a Mortgage Application?
NOTE: IF YOU ARE MISSING ONE OR MORE ITEMS, IT IS BETTER TO SUBMIT
WHAT YOU HAVE AND MAIL THE ADDITIONAL DOCUMENTATION LATER.
Mail
Applications
Forward documents with original application to:
Chesapeake Mortgage Funding, LLC
Forest Hill
2205 Commerce Road, Suite B
Forest Hill, MD 21050 |
Fax
Applications:
Documents may be faxed
to (410) 838-5264
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