Home Loan Applicant Checklist

In order to speed the processing time of your loan, please bring in the necessary information, as applicable when you apply for your mortgage.

General:

• Copy of purchase offer/contract signed by buyers and seller
• Property information listing sheet or Multiple Listing Service Listing Sheet
• Social Security Number of all applicants
• Driver's license or State Identification Card
• Name, address, phone number of landlord, if renting

Income:

• Name, address, and phone number of employers
• Position and length of time on each job
• Original pay stubs covering last 30 days
• Original W-2 forms and K-1s for the last 2 years
• If you are self-employed, please supply the last three years of personal and business income tax returns.
• Proof of other types of income such as child support, social security, pension benefits, etc.

Assets:

• Name, address, account numbers, and balances of all bank accounts
• Investment accounts, numbers, and balances (IRAs, 401Ks, Mutual Funds, CDs)
• Statements of Life Insurance
• Value of any currently owned real estate
• Statement of any social security, retirement, pension or disability income (should you wish the bank to rely on it as a source of debt repayment).

Obligations:

• Complete list of outstanding debt (all credit cards, personal, business, student, and installment loans. Include names and addresses of lenders, account numbers, monthly payments, and balances).

Other:

• Payment obligations such as maintenance, alimony, or child support payments should be included and will require a copy of the divorce decree or maintenance agreement, along with any amendments and a 24-month payment history. If income from maintenance, alimony, or child support is to be used as a source of income for this loan, we will require a copy of the divorce decree or maintenance agreement, along with any amendments and a 24-month history of this income source.
• If you currently rent, please provide landlord's name and address and previous rental payment history. For residential construction loans, please provide a signed construction contract with cost breakdowns and builder plans.