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In order to process a loan in a timely manner, the
following information will be needed at time of
application.
| : |
Year-to-date pay stub |
| : |
W-2's for the last two years |
| : |
Award letter from social security and proof of
purchase |
| : |
Award letter from pension program or retirement
income & proof of receipt (copy of check or bank
statement) |
| : |
Past three months bank statements for each bank
account (checking & savings) disclosed at
application |
| : |
Verification of stocks and bonds |
| : |
Statement to verify 401(k), IRA's, etc. |
| : |
Offer to purchase or construction contract |
| : |
Closing statement on the sale of your home or 1)
copy of contract for the sale of your home or 2)
copy of contract with relocation company to
purchase your home |
| : |
Copy of Deed if purchased lot separately |
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Complete copy of separation agreement and/or
divorce decree
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Also needed - Complete mailing address and
account numbers for the following:
| : |
Bank accounts |
| : |
Both checking and savings |
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Credit card statement - even if the balance is
paid in full each month |
| : |
Installment debts with more than 10 months
remaining (including loans against 401(k) or
savings |
| : |
Name, address and phone number for landlords |
| : |
Name, address and account number for current
mortgage |
| : |
Address, market value, mortgage information and
expenses for second home |
| : |
Address, market value, mortgage information and
copy of leases for all rental property |
The real estate agent and/or contractor should provide
the following:
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Copy of cancelled earnest money check |
| : |
Appraisal information |
| : |
Legal description and
directions to the property |
| : |
Two complete sets of plans and specifications
for new construction |
| : |
Last but not least, a check for the appraisal
and credit report up front. (Usually
approximately $350-$450) |
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