Mortgage Application Checklist
The following checklist indicates the documents required to process your loan request. By making sure we receive this information in a complete and timely manner, you can reduce the time it takes us to approve and close your loan. Please do not hesitate to call if you have any questions.
Residential Loan Application
- Complete in full with signature (s), addresses, account numbers, balances
- Copy of signed Sales Contract (if purchase money)
- Copy of Driver's License and Social Security card
- Mother's maiden name (both mothers' maiden names, if co-borrowers)
Income Information
- Authorization Number from employer (if required) to verify employment
- Pay stubs for the most recent 30 day period with Year to Date earnings indicated
- IRS W-2 forms and SIGNED tax returns for the previous 2 years
- Employment gaps explained
- If Self-Employed
- Previous two (2) years SIGNED tax returns with all scheduled corporate returns, if applicable
- Current and previous two (2) fiscal year-end financial statements Including Profit and Loss Statements
Deposit Information
- All major deposit/investment account information and account numbers and addresses
- Copies of previous two (2) months bank statements (major accounts)
- Gift letter, if applicable
Additional Documentation That May Be Required
- Divorce Decree
- Verification of Child Support
- Explanation of any potentially adverse credit ratings
- General information on other real estate owned-notes, leases, etc
- Rental agreements of leases
- Name an address of current and previous (if current is less than two (2) Years) landlords
- Partnership Agreements
- Copy of documents and explanation of money owed to you
- Settlement Statement from sale of home sold in the last year
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