The following information is usually required to process a loan request for most conventional products. OGI has the ability to offer non-traditional loan products and could require alternative documentation, but this is a good start. The loan application should be completed using the information below:

  •  Social Security Number (all borrowers)
  •  Pay stubs for last 30 days
  •  Your tax returns for the past two years (with W-2’s if applicable)
  •  Bank statements for the past two months (for asset verification)
  •  Investment account statements for the past two months (if applicable)
  •  Life insurance policy
  •  Retirement account statements for the past two months
  •  Make and model of vehicles you own and their resale value
  •  Auto loan account information
  •  Credit card account information
  •  Personal loan account information
  •  Divorce Decree (if applicable)
  •  Prior Bankruptcy Documentation (if applicable)

 

If your application is for a loan product that will require alternative income documentation using either personal and/or business bank statements:

  • One month bank statement; or
  • Twelve (12) months bank statements; or
  • Twenty-four (24) months bank statements.

If you currently own real estate:

  •  Mortgage account recent statement;
  •  Home insurance policy information;
  •  Home Equity Line of Credit or 2nd Trust Deed account information (if applicable);
  •  Copy of your current note (if you are refinancing).

For purchase transactions (some of these items won’t be applicable until you have a property under contract):

  • Copy of your canceled Earnest Money Deposit Check
  • The Purchase Contract
  • Escrow company information (if applicable)

No verification of documents and/or information will be required prior to a consumer receiving the Loan Estimate.