Loan application checklist

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arla slaughter, REALTOR速

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CRS & GREEN Certified 337.344.5263 mobile | 337.456.2188 fax www.ArlaSlaughter.com

Loan Application Checklist Property Information You will need the following if you already have a contract on a house: ____

Purchase Agreement

____

Copy of legal description and MLS sheet

____

If you are selling your current home, a copy of listing contract

____

If you have sold your current home, copy of settlement statement (HUD-1)

Income & Assets ____

Pay stubs for the last 30 days For the past two years: ____

Names and addresses of each employer

____

W-2s

____

Statements for each bank, mutual fund, and investment account for last three months

____

Estimated value of personal property and furniture If you have made any large deposits to your accounts: ____

Explanation and source for deposit

____

If large deposit was a gift: ____

Signed gift letter (lender can supply)

____

Copy of gift check

____

Copy of deposit receipt

If you own more than 25% of a business: ____

Corporate or partnership tax returns

If you are self-employed: ____

Tax returns for the last three years (with schedules)

____

Year-to-Date Profit and Loss Statement prepared by an accountant

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