CHECKLIST

Use this checklist to compile information that may be needed to process your mortgage loan application.

Depending on the type of loan these items may be requested

1-Copy of your Purchase Contract/Agreement signed by all buyers and sellers (for purchase)
2- Original pay stub covering the last 30 days for all applicants (Continue to save your pay stubs until your loan is closed)
3- Copies of W-2 forms for the last two years for each applicant
4- Copies of your last two years personal and business, signed federal income tax returns with all schedules
5- Copies of business or occupational licenses for the last two years
6- Copies of bank statements for the past two months for all checking, savings, retirement, and/or brokerage accounts.
7- Name, address, and telephone numbers of all employers over the past 24 months, each applicant
8- Copy of drivers license or other government issued ID and social security card

Miscellaneous
1- If during the past two years you have a gap in your employment of 30 days or more, include a letter explaining the reason for the gap.
2- If you are selling your present home, provide a copy of your signed HUD-1 Settlement Statement showing the amount of proceeds (or Estimate of Proceeds from your Realtor)
3- If you have rental property, provide a copy of your current leases and copies of your last two years signed federal income tax returns
4- If you are receiving gift money for part or all of your down payment, please do not deposit the gift funds until you discuss it with you loan officer