Having your documents organized before applying for an RMO mortgage will help the process move smoothly. Here is a checklist.
Identification:
- Valid government-issued photo ID (driver's license, passport, or state ID)
- Social Security Number
Income Verification:
- Last two pay stubs
- W-2 forms for the past two years
- Federal tax returns for the past two years (all pages and schedules)
- If self-employed: two years of business tax returns, profit and loss statement, and business bank statements
Asset Documentation:
- Last two months of bank statements for all accounts (checking, savings, investment)
- Retirement account statements (401(k), IRA)
- Documentation for gift funds (if applicable)
Property Information:
- Signed purchase agreement
- Property address and listing details
- Homeowners insurance quote
Additional Items (if applicable):
- Divorce decree or child support documentation
- Bankruptcy or foreclosure discharge papers
- Rent payment history (for first-time buyers)
You can upload all documents securely through MyRMO. For questions about what is needed for your specific situation, schedule an appointment through MyRMO or by calling us to speak with an Expert.