top of page

Loan Checklist

In general, the documentation you will need includes:
  • Check or credit card for application fee

Property Information (if you already have a contract on a house)

  • Purchase Agreement.

  • If you are selling your current home, copy of listing contract.

  • If you have sold your current home, copy of settlement statement (HUD-1).

Income & Assets

  • Pay stubs for the last 30 days.

  • For the past two years:

 

  • Names and addresses of each employer.

 

  • W-2s

 

  • Statements for each bank, mutual fund, and/or investment account for the last three months.

  • If you have made any large deposits to your accounts:​

 

  • Explanation and source for deposit.

 

  • If large deposit was a gift:

 

  • Copy of gift check.

 

  • Copy of deposit receipt.

 

  • If you own more than 25% of a business:

 

  • Corporate or partnership tax returns.

 

  • If self-employed:

 

  • Tax returns for the last three years (with schedules).

 

  • Year-to-Date Profit and Loss Statement prepared by an accountant.

 

  • If you own rental property:

 

  • Tax returns for the last two years and current rental agreements.

 

  • If you are retired:

 

  • Pension Award Letter.

 

  • If you receive Social Security:

 

  • Social Security Award Letter.

 

  • If you are counting child support as income:

 

  • Copy of divorce settlement.

 

  • Copy of twelve months of cancelled child support checks.

Debts

  • Names, addresses, account numbers, balances and monthly payments on all current loans.

  • Explanation of credit report anomalies, including:

 

  • Late payments, credit inquiries in the last 90 days, charge-offs, collections, judgments and/or liens.

 

  • Bankruptcy filed within last seven years (bring a copy of your bankruptcy papers).

VA Loans

  • Copy of DD Form 214, Report of Separation.

Miscellaneous

  • Photo ID and proof of Social Security number.

  • Residence addresses for the past two years.

  • If applicable, a copy of your divorce decree.

  • If you are not a citizen, a copy of the front and back of your green card.

bottom of page