Mortgage Checklist

Check out our mortgage checklist! 

Our mortgage checklist will help you understand the requirements necessary for a loan application.

The following information is usually required during the loan process:

1) Personal Information

  • Your Social Security number
  • Date of birth
  • Marital status
  • Number and age of dependents
  • Current address and telephone number
  • Address fro past two years (if more than one)
  • Current housing expenses (rent, mortgage, insurance and taxes)
  • Years of schooling

2) Identification

  • Driver's license
  • Social Security card

3) Employment History and Income

  • Two years of employment history
  • Recent 30 day's worth of paystubs and 2 years of W-2 forms
  • If self employed, completed personal and corporate tax returns with current profit and loss statement
  • Proof of other income (award letters for social security, retirement, pension or military retirement)

4) Assets

  • Current 2 months' statements for bank accounts
  • Current statements for stocks, mutual funds, and other investments

5) Liabilities and Debts

  • Itemized list of all current debts: loans, credit cards, child support payments, 401k loans and any other bills
  • Written explanation of any past credit problems
  • Full details of bankruptcy during the last 7 years, if applicable

6) Real Estate Information

  • Address of property
  • Market value
  • Copies of leases on rental property

7) Purchase Transaction

  • Fully-executed sales contract/purchase agreement, with all addendums

8) Additional Items Needed

  • Copy of divorce decree, which should include property settlement statement and order of child support
  • Complete bankruptcy papers, discharge notice of any other supporting documents (if bankruptcy, occurred in the last 7 years)

If you feel overwhelmed, don't be.  We'll be there every step of the way to help you to ensure that the mortgage process is a smooth and easy one.  Now with a better understanding of the mortgage checklist, you are ready to apply!

Apply Now