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Loan Checklist
Use the following checklist to prepare for your mortgage loan application appointment and the loan process.
Copy of Sales Contract (on the purchase of your home)
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Copy of Sales Contract and certified copy of Closing Statement (on the sale of your present home)
Residence History - Past 24 months of residence with complete addresses - Length of time you lived at each residence - Name of landlord and his/her address (if currently renting)
Employment History - Employers for the past two years with complete address - W-2s for the past two years - Most recent 2-year’s tax returns (with all schedules) - Year-todate profit and loss statement and current balance sheet (if self-employed). - If there have been any gaps in your employment be prepared to explain.
Copies of most recent monthly statements for all loans or credit card balances
Copies of most recent 3 month’s bank statements for all accounts, stock brokerages, mutual funds, IRAs, pensions, etc.
Current Real Estate - Property address - Estimated market value - Outstanding loan balance (bring copy of most recent loan statement) - Amount of monthly mortgage loan payment - Amount of monthly rental income, if any (copy of rental agreement)
Personal Property - Net cash value of your life insurance - Year, make and value of all vehicles - Value of your furniture and personal property
If applicable, the following: Copy of divorce papers (all papers including marital termination agreement & final decree signed by the courts); Certificate of eligibility & DD214 (for VA loans only); Copy of Driver’s License & Social Security Card (for FHA Loans only)