Loan Application Checklist

Preparation in advance will help the process go smoother. The following list encompasses the documents and items a loan officer will most likely need to have to process your home loan.

Salaried Borrower(s)
• W-2 forms for previous two (2) years
• Most recent paycheck stub(s)

Commissioned/Bonus Borrower(s)
• Complete copies of previous two (2) years personal tax returns
• Most recent paycheck stub(s)

Self-employed Borrower(s)
• Personal, partnership, S-Corp and/or Corporate tax returns for the previous two (2) years inclusive of all schedules and K-ls
• Current, signed and dated, year-to-date financial statements, including balance sheet and profit and loss statement

Copy of past three (3) months statements on the following accounts:

Checking

Savings

Brokerage Accounts

Moneymarket

Retirement Accounts

Other

Name and address for all creditors, Include account numbers, monthly payments, and balance owed for the following outstanding obligations:

Mortgage Loans

Credit Cards

Personal Loans

Automobile Loans

Student Loans

Other

• Residence address(es) for the past two (2) years
• Complete mailing address for mortgage holder and/or landlord for previous two (2) years
• Current lease for each rental property owned and previous two (2) years tax returns with all schedules
• Copy of purchase contract on subject property and listing agreement or contract on existing home being sold
• Copy of your cancelled earnest money checks
• Copy of Divorce Decree, Separation Agreement and all addenda for all divorced parties. If divorce is not final, please provide a copy of the temporary orders
• If refinancing, bring your previous Settlement Statement, Note, Homeowners Insurance Policy and Survey
• A check to cover the cost of the credit report and appraisal