To qualify for a QM Loan, you will need to provide these documents:
- Proof of Income:
- Recent pay stubs (last 30 days)
- W-2 forms (last two years)
- Tax returns (last two years, especially for self-employed borrowers)
- Employment Verification:
- Name and contact information of your current employer
- Asset Information:
- Recent bank statements (last 2-3 months)
- Investment account statements
- Debt Information:
- List of current debts (credit cards, auto loans, student loans, etc.)
- Property Information:
- Current mortgage statement
- Homeowners insurance policy
- Property tax bill
- Personal Identification:
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Government-issued ID (driver's license or passport)
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Social Security number
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