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Mortgage Loan Application Checklist

INFORMATION TO BRING TO YOUR MORTGAGE LOAN APPLICATION APPOINTMENT

The purpose of this information is to assist you in assembling the information we will need to process your loan application. Your assistance will ensure your loan application is processed and closed in the shortest time possible

Directions
1. Fill out the Loan Application form (be sure to include all account numbers, names, and addresses for all bank accounts and creditors).
2. Use the list below to determine what information and documentation you will need to bring your loan application review.

All Loan Applications
:: Copy of your Purchase Agreement, signed by all buyers and sellers (for purchase transactions)
:: Original pay stub(s) covering the most recent 30 days (continue to save until loan has closed)
:: Original W-2 forms and complete SIGNED tax returns for the past two years.
:: Original bank statements for the past two months, for ALL check and savings accounts (continue to save statements until loan has closed).
:: Name, address, and phone number of landlord for the last 24 months, if you are currently renting or have rented in the past 24 months.
:: Original 401K and IRA statements (if applicable).
:: Original investment account statements for the past three months (if applicable).

If you are Self-Employed or have commission income:
:: Copies of your last two years personal AND business federal SIGNED tax returns.
:: Year to date Profit and Loss statement and balance sheet.

If you have been divorced:
:: Complete signed copy of all divorce decrees, including any stipulations or modifications.
:: Proof of receipt of child support payments for the last 24 months, (only if you intend to use this income to qualify for your mortgage loan OR if you are required to pay child support).

If you have declared bankruptcy in the last 7 years:
:: Copy of Petition/Decree, schedule of creditors and copy of discharge.
:: Please write a letter of explanation on why you filed for bankruptcy.

Miscellaneous Items
:: If you have graduated from high school or college during the last two years, please include a copy of
your diploma and school transcripts.
:: If during the past two years you have a gap in employment of 30 days or more, please include a letter
explaining the reason for the gap in employment.
:: If you are selling your present home, you will need to provide us with a copy of your signed HUD-1
Settlement Statement showing the amount of proceeds.
:: If you have rental property we will need a copy of your current least and copies of your last two years
signed federal tax returns.