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In order to speed the processing time of your loan, provide complete,
accurate information. Having the following documents and information will
assist you.
Copy of purchase offer/contract signed by buyers and seller
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
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).
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