Mortgage Application Checklist

Income and Employment:

• List of employers for past 2 years with contact addresses and phone numbers.
• Tax returns and W-2s for the past 2 years including all schedules.
• Most recent original paycheck stubs covering 30-day period.
• If self-employed, Profit and Loss Statement for the current year.
• Two years verification of other income (social security, child support, retirement, etc.
• Rental income: copy of most current leases and tax returns for the last two years.

Assets/Liabilities:

• Copies of last three months statements for checking and savings accounts.
• Copies of most recent statements on other assets accounts.
• Make, model and value of automobiles, boats, etc.
• Copies of leases and loan information for all rental properties or 2nd homes.
• Mortgages, car loans, credit cards, student loans, and personal loans including all addresses account numbers, monthly payments and balances.

Credit:

• Copy of bankruptcy papers including all schedules and discharge.
• Proof of payment of any collections or adverse items.
• Copy of divorce decree and separation agreement.
• List of home addresses for past 2 years, landlord names and phone numbers.

VA Only:

• Certificate of Eligibility, Statement of Service from CO on department letterhead, copies of new orders.
• DD 214 (Discharge Papers).
• Child cares letter from provider, detailing costs of childcare (if applicable).

Property:

• Copy of signed purchase contract and copy of property info sheet.
• Copy of earnest money check.
• Copy of contract or listing agreement for any property being sold.
• Listing Realtor and phone number:__________
• Selling Realtor and phone number __________

Other:

• A check for appraisal and credit report.
• Name and phone number of homeowner's insurance agent.

The sooner these documents are given to the lender, the sooner they can get your loan approved and close!