Needed Documents

Here's a list of the documents most commonly needed in order to apply for a mortgage loan. Additional items may be required depending upon the type of loan you're applying for. Your Loan Officer can help with this.

 Information Needed:

• Legible sales contract signed by Buyers and Sellers.
• Social Security number of all applicants.
• Address history for the past 2 years (including complete name and address of landlords for past 24 months).
• Name, address, and all income earned from all employers for past 24 months.

Documents Needed: 

• Copies of W-2's for most recent 2 years.
• Copy of Tax returns for the most recent 2 years.
• Copy of most recent 30 days of pay stubs.
• Copy of Drivers License
• Three months most recent statements for deposit accounts: checking, savings, stocks, bonds, etc.
• If you choose to include income from Child Support/Alimony bring copies of court records of cancelled checks showing receipt of payment.

If you are self-employed or paid by commission:
Previous two years personal Federal Income Tax Returns with all schedules. Self employed: previous two years of business tax returns and a year-to-date profit and loss statement.

If you own other properties:
Address of properties and current market value. Any debt owed on properties; Lender's name, address, account number, monthly payment, and current balance. Copy of previous two years Federal Income Tax Returns with all schedules. If rented; copy of lease.

If you have filed bankruptcy in the last seven years:
Copy of petition and discharge, handwritten explanation of reason for bankruptcy, evidence of excellent credit since the bankruptcy. Rather than hold up your loan application appointment, you may follow up on any missing items at a later time.