MORTGAGE & PAYMENT CALCULATORS
Interested in exploring potential payment scenarios for buying, selling, renting, or refinancing your home? Utilize our online payment calculators below, or contact our dedicated team of mortgage experts today.
RESOURCES
At Coastal Custom Mortgage, we are dedicated to providing each client with a seamless, customized loan process. In order to streamline the process as much as possible, we have provided insightful resources below that will help guide you through all necessary steps. With information on what you need to provide during the application stage, the do’s and don’ts of buying a home, and how the rest of the process will unfold, the following resources will help you learn the basics of Coastal Custom Mortgage’s home loan process.
MORTGAGE LOAN APPLICATION CHECKLIST
When applying for a home mortgage program, borrowers are required to present a collection of certain documents that will help Coastal Custom Mortgage professionals get a better idea of the individual needs of each borrower. Below, you can find detailed information on what each type of borrower should have ready to provide to Coastal Custom Mortgage in the beginning stages of the mortgage process:
ALL CLIENTS:
- Valid driver’s license or government-issued photo ID
- Birth Date
- Social Security Number
- Financial history for the last two months on all checking, savings, stocks, mutual funds, retirement accounts, etc.
- Residence history for the past two years, including company names and addresses
- Loan history and balances for any other real estate owned, if applicable
- Proof of funds for credit report and appraisal
- Documentation on any additional source of income, if applicable
SALARIED CLIENTS:
- Employment history for the past two years, including companies, job titles, addresses, and phone numbers
- Pay stubs for at least the past 30 days
- W-2 forms for all jobs worked at for the past two years
- Federal tax return forms for the past two years
SELF-EMPLOYED CLIENTS:
- Business federal tax return forms for the past two years if you are self-employed or own 25% or more of the company
- Corporate or partnership tax returns for the past two years if you are self-employed or own 25% or more of the company
- Year-to-date profit and loss statements and balance sheet for the past two years if you are self-employed or own 25% or more of the company
ADDITIONAL DOCUMENTATION:
- If you are divorced and receiving or paying child support: Divorce decree with proof of financial settlement, child support terms, and division of liabilities and assets
- If you have any resolved or unresolved credit disputes: Proper documentation
- If applying for a VA loan: Certificate of Eligibility and DD-214 or Statement of Service
- If you have previously filed for bankruptcy: A copy of all bankruptcy papers and discharge
- If you sold property in the last 90 days: A copy of the settlement statement
- If refinancing a loan: Survey of your home
*More or less documentation may be required from Coastal Custom Mortgage based on clients’ individual situations.