What Information Will be Needed for the Application?
Anything you submit over our website is fully secure and we do not share your information with anyone except by permission. That is, if you're giving us information you want us to use to get you the best loan, we use that information to tell mortgage lenders about you and convince them to loan you money. In turn, those mortgage lenders are bound by federal law to keep your information secure.
For All Loans
- If you are purchasing a home: Purchase sales contract or offer to purchase and all addenda,
Furnish contract with original signatures of buyer and seller.
- Social Security Numbers: for borrower and co-borrower if any
- Employment History: For the last two years, employment dates, addresses, salary.Current pay stubs or W-2 forms.
- Check and Savings Accounts and Certificates of Deposit: Location of bank accounts, account numbers and balances; Address of bank if out of town; Last 3 months' statements
- Stocks, Bonds, and Investment Accounts: Broker's name and address, description of stocks, bonds, etc.;
Last 3 months' statements or copies of stock certificates
- Life Insurance Policies: Insurance company, policy number, face amount, cash value, if any
- Retirement Plan: Approximate vested interest value, Copy of latest statement
- Automobiles: Make and model of automobiles, their resale value
- Real Estate: Name of all mortgage lenders for the past 24 months, account numbers, monthly payments and balances
- If you've sold your home but not closed: Copy of the sales contract.
- If you've sold your home, closed, and you will use the proceeds for your new down payment: Copy of the HUD-1 Uniform Settlement Statement
- If you are presentlly renting: Name, address and phone number of landlords for the past 24 months
- Other Assets: Market value of personal and household property
- Liabilities and Other Non-Mortgage Debt: Creditors names, addresses, account numbers; Monthly payments and balances
- If you're self-employed: Two years tax returns, profit and loss statements, both company and personal if separate. Current balance sheet and profit and loss statement if more than two months into the new fiscal year, signed by CPA.
- If you have income from Commission: Overtime; Bonus; Partnership; Rental Property; Trust; Notes Receivable; Interest/Dividends: You'll need two years' personal federal tax returns