Loan Application

In order to expedite your loan process, please bring the following items, which pertain to each person on the application:

Individual

o   Picture ID and proof of social security number

o   Residence address for the last two years

o   Estimated value of furniture and/or personal property

o   Full divorce decree, if applicable

o   If veteran, Certificate of Eligibility and DD214

Employment

 o   Names and addresses of each employer for the last two years

o   Gross monthly income with overtime and bonuses listed separately

o   W-2’s for two years, if available

o   Year to date pay stub

o   Current pay stub, if different than year to date pay stub

o   Proof of income from rentals, investments, etc.

o   Proof of retirement, disability or social security

o   Proof of child support of alimony paid/received

If self-employed:

o   Two years Federal Income Tax Returns

o   Current year profit and loss statement

Creditors

 o   Each creditor’s name, address and type of account, including loans and credit cards

o   Account numbers for each account

o   Monthly payments and approximate balances

o   Amounts of child care expenses

o   Loan information for current mortgage (bank name, address, contact information and account number)

o   Current balance of mortgage on current property

Banking

o   Names and addresses of banking institutions

o   Account numbers for each account

o   Types of accounts and current balances (checking, savings, etc.)

o   Last two months of bank statements for each account

Miscellaneous

o   List of assets in stocks, bonds

o   List of other property owned (addresses and loan information)

o   Life insurance cash value (documented if used as cash down payment)

o   If selling current or other property; copy of sales agreement(s) and/or copy of listing on any property listed

o   Money (cash or check) for application fee, credit report, appraisal and home inspection