Here is a thorough guide to get your loan application process going in the right direction.

 

Personal Information

• Drivers License, a clear copy


• Permanent Resident Alien Card/ Green Card (front and back) if applicable


• Mortgage Statements


• Property Tax Bill


• Hazard Insurance Declaration Page


• Lease Agreements (all pages)


• Home Owners Association Bill (HOA)

 

Assets

• Bank Account Statements – 2 months, all pages


• 401K Statements – 2 months/quarterly, all pages


• IRA Statements – 2 months, all pages


• Stocks/Bonds – 2 months, all pages

 

Income Documentation

• Pay Stubs (most recent, 30 days)


• W2’s – last 2 years


• 1099 – last 2 years (if applicable)


• Federal Tax Returns (1040) – all pages & schedules (2 years)


• Social Security Awards Letter


• Pension Letter


• Divorce Decree – for Alimony and/or Child Support

 

If Self-Employed

• K1’s – 2 years


• Federal Business Tax Returns – 2 years – all pages & schedules

 

For your convenience, bellow is a downloadable Loan Application Checklist that you can print at home.

Loan Application Checklist