Refinance Checklist

Refinance. Documents, Timeframe and Fees.

Refinance Loan Timeframe.

Up to 4 weeks

Refinance Loan Closing costs.

Closing costs range between 1 and 4 % of loan amount
No cost option is available.

Documents needed for Refinance Loan.

W-2 for the previous 2 years
Paystubs covering 30 days period
2 most recent bank statements on all depository accounts
Homeowners' insurance information (agent's name and phone number or Insurance Declarations page)
Personal tax returns for the previous 2 years

+ Self Employed Borrowers only:

Business tax returns for the previous 2 years
Business Licenses covering a 2 year period
Year-to-date profit and loss statement (P&L)

+ If Applicable:

Final divorce decree
Proof of child support receipt and continuance
Full bankruptcy filing
Bankruptcy discharge
Copy of a Green Card
Copy of SSN card
Disability Award Letter
SSI Award Letters
Pension Award and Continuance Letters