What documents do you need in a wrap around mortgage agreement?

To secure a wrap-around mortgage, you will need documentation of your existing loan and the additional financing required. You will also need to show the wrap-around lender, who may actually be the home's seller, that you are able to pay the larger sum on the loan than your existing lender is providing. For example, you have additional income that the original lender did not verify, such as bonuses, commissions or freelance income. Whatever your basis for requesting additional financing, bring proof of that income in the form of a tax schedule or check. Show the reason the initial lender denied your request for more funding, and then show you can counter this reasoning.