Loan Application Checklist

To make sure your loan application goes smoothly, have copies of all applicable items below ready when you meet with your loan officer.

Personal Information:

· Name, address and phone numbers for all employers for the last 2 years

· Name, address and phone numbers for all landlords for the last 2 years

INCOME:

If You Are a Salaried Employee:

· Pay stubs covering the most recent 30 days

· W-2 forms for the last 2 years

If You Are Self Employed or Receive Commission Income:

· Personal tax returns (1040) for the past 2 years, including all schedules

· If incorporated, corporate tax returns (1120) for past 2 years

· Year-to-date Profit & Loss Statement

OTHER:

· Rental Income - Lease agreement or 2 years tax returns

· Retirement Income-Awards letter and pay stub covering the most recent 30 days

· Child Support-Proof of receipt for last 12 months and divorce decree

ASSETS:

· Last 3 months of statements (all pages) for all accounts, including checking savings, CD's mutual funds, stocks, bonds, IRA's 401(k)'s, etc.

LIABILITIES:

· List of account numbers, balances and minimum monthly payments for all open loans and credit cards

OTHER:

· Contract on the new home you are buying

· Contract / listing agreement on home you are selling

· Divorce decrees

· Bankruptcy papers (Original petition and discharge, all pages)

· Checkbook

VA LOANS ONLY:

· DD214 and Certificate of Eligibility