INCOME Most recent 2 pay stubs Most recent 2 years’ W-2s Most recent 2 years’ personal tax returns (if self-employed, receive more than 25% of your income from commission or own investment properties) Most recent 2 years’ business tax returns (sometimes needed if self-employed; call before sending) Year-to-date profit and loss statement and balance sheet (sometimes needed if self-employed; call before sending) ASSETS All pages of most recent 2 months bank statements or 1 quarterly statement for checking, savings, investment, and retirement accounts Signed gift letter if receiving a gift for down payment MISCELLANEOUS If purchasing, a copy of the Offer to Purchase or purchase contract signed by both buyer and seller If refinancing, copies of existing first (and second) mortgage bills to be paid off