Mortgage Application Checklist
- If a purchase, a copy of your sales contract with original signatures. If a
refinance, bring a copy of the deed and title insurance policy.
- Copy of your social security card and
drivers license.
- Name, addresses, account numbers, and phone numbers of all
landlords/mortgage companies covering the last two full years
- Employer’s address, person to contact, and phone numbers necessary to
verify any jobs all borrowers have held within the last two years
- A schedule showing the gross monthly income, separating base pay from
commission, bonus income, and/or overtime pay for all borrowers. Bring your
most recent three pay stubs.
- Proof of social security/disability income (i.e. award letter) if
applicable
- Copies of Prior
Year's U. S. Federal Income Tax Return, including all
schedules.
- Account numbers/addresses/phone numbers for all checking, savings, and
credit union accounts. Copy of last 2 months statements on all accounts.
- Most recent statement for all investments including retirement funds,
stocks, and/or bonds
- A statement of the estimated current value of all personal and household
items
- List of all outstanding loans and charge
accounts, with address, account
number, monthly payment, and balance on each (this can be listed in section VI
of the loan application)
- If applicable, a copy of original divorce
decree, settlement papers,
and/or child support agreement if you pay or receive child support, alimony,
or separate maintenance
- For self employed persons only: a year to date profit and loss statement
and a current balance sheet, signed & dated by a CPA and yourself, as well
as 2 years business tax returns signed and dated by you
- A diploma or grades transcript if the borrower was a student during the
last 2 years
- VA loans require child care cost to be disclosed at application
- VA loans require DD214 (discharge papers) and original certificate of
eligibility.
- Bankruptcy petition and discharge papers if applicable within last 7
years. Attach a letter of explanation signed and dated
- Investors: Copy of rental/lease agreement on rental property. Also,
lender’s address, account number, phone numbers, and monthly payment amounts
- Copy of House Plans if this is a construction loan
- Cost Estimate To Build if this is a construction loan
- Check in the amount of $300.00 for appraisal, credit report, and
application fee