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Mortgages
Mortgage Application Checklist
The following is a list of those items you may need to have available in
order to apply on-line, over the phone or in-person.
BORROWER INFORMATION
- Address and telephone number of each borrower
- Previous address if less than two years at current address
- Social Security number of applicant(s)
- Value of assets including cars, stocks, real estate, personal property
- A copy of the closing statement if you have recently sold any real
estate
EMPLOYMENT/INCOME
- Name and address of employer(s) for the past two years
- Pay stub(s) for the last 30 days showing year-to-date and current
period earnings. If you have additional income, you may need
documentation for accuracy
- W-2’s for last two years
SELF-EMPLOYED
- Federal tax returns from the past two years
- Business tax returns if a corporation
BANK ACCOUNTS/INVESTMENTS
- Checking and savings account statements for the past three months
- Most recent brokerage account statement for the past three months, or
copies of stock certificates and/or savings bonds
- Copy of current thrift plan or retirement benefits statement
(including IRAs and Keoghs)
CREDITORS
Credit cards, loans, and current mortgages:
- Name of creditor
- Account number
- Monthly payment
- Outstanding balance
PURCHASES
- Copy of the sales contract and all addenda
REFINANCES
- Copy of the recorded warranty deed
FEES
- Conventional Loans: Credit report and appraisal = $290.00
- FHA/VA Loans: Credit report and appraisal = $390.00
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