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Home Loan Applicant Checklist

In order to speed the processing time of your loan, please bring in the following information, as applicable when you apply for your mortgage.

General:

  • Copy of purchase offer/contract signed by buyers and seller
  • Property information listing sheet or Multiple Listing Service Listing Sheet
  • 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
  • If you are self-employed, please supply the last three years of personal and business income tax returns. 
  • Proof of other types of income such as child support, social security, pension benefits, etc.

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).

Other:

  • If you are divorced or separated recently, please provide a copy of the divorce decree or maintenance agreement, along with any amendments and a 24-month payment history of alimony/child support payments, if such payments are provided or received.
  • If you currently rent, please provide landlord's name and address and previous rental payment history. 
  • For residential construction loans, please provide a signed construction contract with cost breakdowns and builder plans.