Income
1.
Employers' names and addresses for the
last two consecutive years (including
dates of employment and gross monthly
income)
2. W-2s for the last two years and pay
stub(s) for the last 30 days
3 . If self-employed, the following financial
statements:
Year-to-date profit and loss statement
and balance sheet prepared and signed
by an accountant and you
4. Signed tax returns for the last two
reporting years (business and personal).
(Make sure signatures are original, not
photocopies, and include all schedules)
Supporting documentation for any other
income (i.e., Social Security, pension,
dividends, or alimony)
Assets
5.
Gift letter (if applicable)
6. Last three months' bank statements
and/or passbooks for the following (include
current names, addresses, account numbers,
and balances):
Checking and savings accounts
Credit unions
Security accounts (stocks, bonds, life
insurance, IRAs, 401(k)s, etc.)
Liabilities
7.
Current names, addresses, account number,
and balances for:
Present creditors (car loans, charge accounts,
student loans, etc.). Include most recent
statement or payment booklets
Present mortgage lender (last 12 months'
cancelled mortgage checks and most recent
statement)
Present landlord (last 12 months' cancelled
rent checks)
8. Documents related to the following
(with letter explaining circumstances):
A. Judgments. Provide copy of release/satisfaction
B Bankruptcy. Provide copies of:
b.1.Petition for Bankruptcy (debtors petition)
b.2.Schedule of Bankruptcy (list of creditors)
b.3.Discharge of Bankruptcy
C. Other delinquent credits of record
Property
9.
Fully executed contract of sale for subject
property
(purchase only)
10. Fully executed contract of sale of
present home (if being sold)
11. Schedule of real estate owned, name
of lender, account number, original purchase
price, principal balance, monthly payment,
copies of rental agreement (leases only),
type of property, etc., signed tax returns
for the past two reporting years. (Make
sure signatures are original, not photocopies,
and include all schedules)
Other
12.
Addresses of residences for the last two
years
13. If you were a full-time student at
any time in the past two years, a copy
of your diploma or transcripts
14. Social Security Number
15. Check for the application fee (if
required)
16. Copy of Divorce Decree (if applicable)
17. If you are a resident alien, evidence
of permanent residency issued by INS (a.k.a.
green card)
18. Legal Description*
19. Copy of listing sheet or property
information sheet* (if multiple listing)
20. Names, addresses and phone numbers
of all parties involved in this transaction,
including attorneys and/or closing agent
and real estate agents*
21. Copy of recorded deed (refinance only)
* May be obtained by
real estate agent
