FOREIGN NATIONAL (FULL-DOC) CHECKLIST:

☐ Eligible Visa (or Citizen of country enlisted in Visa Waiver Program)
— B-1 & B-2, H-2 & H-3, J-1 & J-2, P-1 & P-2, O-2, I

☐ FNMA 3.2 File

☐ Broker Signed 1003 + DI Addendum (to be uploaded separately)
— Dated date of submission
— Must also be signed by Borrower ahead of final approval

☐ DH Submission Form/Fee Sheet (electronic version available during submission)
— See Mercury for AMC selection & fee

For Salaried Income:
— Letter from employer on company letterhead providing current monthly salary and YTD earnings -or- 2 months’ pay stubs with YTD earnings
— Verification of earnings for last 2 years (letter from employer or W-2 equivalent)

For Self-Employed Income:
— Letter from a CPA providing income for the last 2 years and YTD earnings

For Asset Depletion Income:
— All Usable Asset Statements (checking, savings, brokerage, retirement, etc)
— Upload if needed for down payment/reserves

Credit – 3 Tradelines reporting for 24+ months all w/ activity in the last 12 months
— Foreign Credit Report
— Foreign Credit Reference Letters Allowed

 Purchase Agreement *if purchase*
— Earnest Money Deposit

☐ Broker/Borrower Comp Agreement *if borrower-paid comp*

 Asset Statements *if needed*
— Upload if needed for down payment/reserves

 If 3rd Party Processor – Provide Invoice
— Must be assigned processor ahead of submission

Note: All Documents Translated to English
For a printed copy of the checklist click here.

FOREIGN NATIONAL (INVESTOR ADVANTAGE) CHECKLIST:

DSCR = Property Gross Income/Proposed [P]ITIA

☐ Eligible Visa (or Citizen of country enlisted in Visa Waiver Program)
— B-1 & B-2, H-2 & H-3, J-1 & J-2, P-1 & P-2, O-2, I

☐ FNMA 3.2 File

☐ Broker Signed 1003 + DI Addendum (to be uploaded separately)
— Dated date of submission
— Must also be signed by Borrower ahead of final approval

☐ DH Submission Form/Fee Sheet (electronic version available during submission)
— See Mercury for AMC selection & fee

 Purchase Agreement *if purchase*
— Earnest Money Deposit

Current Lease Agreement (if available)

☐ Credit – 3 Tradelines reporting for 24+ months all w/ activity in the last 12 months
— Foreign Credit Report
— Foreign Credit Reference Letters Allowed

☐ Broker/Borrower Comp Agreement *if borrower-paid comp*

 Asset Statements *if needed*
— Upload if needed for a down payment

 If 3rd Party Processor – Provide Invoice
— Must be assigned processor ahead of submission

Note: NEVER upload tax returns or income docs
Note: All Documents Translated to English
For a printed copy of the checklist click here.