Please provide the following information with your application:
Income/Employment
- Salary pay stubs for 2 months - You must show your and your employee's name and address and year-to-date information
- W2s for the previous 2 years
- Tax returns for the previous 2 years
- Verification of other income
- IF SELF EMPLOYED
- Corporate tax returns for the previous 2 years
- All schedules/Kl of personal tax returns
- Signed/dated year-to-date profit & loss balance sheet
Assets
- Complete statements for previous 2 months for ALL accounts (all pages included)
- Checking
- Saving
- Money Market
- Investment
- Retirement
- Statements must include financial institution's name and borrowers' name and account numbers
- If self-employed : Complete statements for previous 2 months business accounts
Liabilities
- List all current debts including account numbers, balance due, and monthly payments
- Credit Cards/Revolving
- Installment
- Real Estate/Home Equity
- If bankruptcy has been declared in the last 10 years, copy of bankruptcy decree & discharge
- If child support or alimony is paid, copy of divorce decree
- Name & phone number for current landlord or mortgage lender for previous 2 years
Purchase
- Copy of executed real estate sales contract
- Name and phone number of your real estate agent
- Name and phone number of your insurance agent
Refinance
- Copy of your most recent mortgage statement for property borrowing against
- Copy of your homeowners' insurance policy declarations page
- Name and phone number of your insurance agent
- Copy of the previous title policy
Signatures are REQUIRED on both the loan application and credit release authorization.
