National Rates

15 yr fixed

4.80%

30 yr fixed

5.31%

5/1 ARM

4.61%

Rates may contain points

Quick Contact Form

documentation needed for the loan mortgage process

What information will be needed for the application

(and how it's kept private)

Anything you submit over our website is 100 percent, fully secure. And we never, ever share it with anyone except by permission -- that is, if you're giving us information you want us to use to get you the best loan, we use that information to tell mortgage lenders about you and convince them to loan you money. In turn, those mortgage lenders are bound by federal law to keep your information secure.

Here is a list of the information mortgage lenders will use to consider your loan application.

Step one: Determine how much you can borrow

For all loans
Social Security Number, for borrower and co-borrower if any

Employment History

For the last two years, employment dates, addresses, salary. Current pay stubs or W-2 forms.

Check and Savings Accounts and Certificates of Deposit

Location of bank accounts, account numbers and balances Address of bank if out of town Last 3 months' statements

Stocks, Bonds, and Investment Accounts

Broker's name and address, description of stocks, bonds, etc. Last 3 months' statements or copies of stock certificates

Life Insurance Policies

Insurance company, policy number, face amount, cash value, if any

Retirement Plan

Approximate vested interest value Copy of latest statement

Automobiles

Make and model of automobiles, their resale value

Other Assets

Market value of personal and household property

Liabilities and Other Non-Mortgage Debt

Creditors names, addresses, account numbers Monthly payments and balances

Other income information you may need

If you're self-employed

Two years tax returns, profit and loss statements, both company and personal if separate. Current balance sheet and profit and loss statement if more than two months into the new fiscal year, signed by CPA.

If you have income from:

Commission Overtime Bonus Partnership Rental Property Trust Notes Receivable Interest/Dividends You'll need two years' personal federal tax returns

If employed in family business

Personal federal income tax returns and all schedules for the past two years

If divorced or separated

Complete executed divorce decree and settlement agreement Payment history of alimony/child support over the past 12 months, if it is a financial obligation. If you choose to have this be considered as part of your income (you don't have to), be prepared to provide 12 months canceled checks or bank statements reflecting income deposits.

If you own real estate

Name and address of all mortgage lenders for the past 24 months, account numbers, monthly payments and balances

If you've sold your home but not closed

A copy of the sales contract

If you've sold your home, closed, and you will use the proceeds for your new down payment:

A copy of the HUD-1 Uniform Settlement Statement

If you rent

Name, address and phone number of landlords for the past 24 months

If you're buying a home

Purchase sales contract or offer to purchase and all addenda Furnish contract with original signatures of buyer and seller

If a source of your down payment is a gift

Name, address and relationship of donor. Gift funds will be verified in both the donor and recipient's accounts. Note: Not all loan programs allow gifts to be part of your down payment.

For FHA Financing

Evidence of Social Security Number and photo identification

For VA Financing

DD214 and Certificate of Eligibility

For Construction/Perm Loan

Signed construction with cost breakdown, builder plan and specifications

Heritage Funding Inc is a Virginia mortgage broker with the state corporation commission license #MC-1763 equal housing opportunity provider in hampton roads virginia

equal housing opportunity provider in hampton roads virginia

Heritage Funding, Inc. provides mortgage and lending services nationally as well as locally for the following Hampton Roads cities of Norfolk, Virginia Beach, Chesapeake, Portsmouth, Suffolk, Smithfield, and Isle of Wight County while extend such services to the Virginia Peninsula cities of Hampton, Newport News, Poquoson, York County - Yorktown, Williamsburg, and James City County and most surrounding areas.

Home · Services · Debt Consolidations · Loans & Mortgages · Refinance · About Us · Information · Buying a Home · Documentation Needed · Credit Information · Bankruptcy · Contact Heritage · Site Map