The following checklist will facilitate your mortgage loan application. The checklist includes most of the information that you and any co-borrower will need to supply.
Review the information below. We suggest you print this worksheet, then check each box after you've gathered the required data.
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Social Security Number/Date of Birth
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Paycheck
Most recent pay stub that shows year-to-date earnings. |
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W-2 Tax Forms
Original copies sent to you by the Internal Revenue Service for the past two years. |
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Employer Information
Names, addresses, dates of employment and telephone numbers of employers for the past two years |
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Bank Account Information
Current balances of checking, savings, and any other accounts. |
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Current Assets
Individual Retirement Accounts (IRAs), CDs, stocks, bonds, etc. |
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Current and Previous Addresses
If you own a home: Bring the property address, current market value, mortgage lender name, account number, current monthly mortgage payment, and outstanding mortgage balance. |
There may be some special situations that require you to supply additional information. These include:
If you are self-employed or work on a commissioned basis, you should bring your federal tax forms for the past two years and a current year-to-date profit and loss statement.
If you are separated or divorced, you should bring a copy of your court stamped divorce decree and separation agreement. Also bring documentation on alimony or child support payments you are required to make or you receive as income. Proof of this income can be the clerk of court's history of payments or canceled checks for the past year.
If you include pension, disability, Social Security, or other public assistance as part of your income, you'll need to bring a copy of an award certificate or a check from the issuing agency.
If you have a bankruptcy, foreclosure, or any judgments against you over the past seven years, you'll need to bring relevant information about the proceedings. Such information includes a copy of the bankruptcy discharge and schedule of both debts and assets. An attorney's letter that discusses the outcome of the proceedings should be included if there are judgments against you.