Loan Checklist


1. Identity Documentation

  • Copy of all borrowers driver’s licenses and social security cards or passport

2. Residence History

  • Previous addresses for the last 2 full years and how long you lived at each (dates needed for the loan application)
  • If you currently rent, your property owner’s name, address and telephone number to verify the most recent 12-month rental history

3. Savings, Checking & Investment Accounts

  • Checking/Savings Accounts - 2 most recent monthly statements
  • Stocks/Mutual Funds - 2 most recent monthly or quarterly statements (if using for closing).
  • 401K/Retirement Accounts - most recent quarterly statements – (if using for closing we need proof of receipt of liquidated funds and proof of deposit into your account.)

4. Employment History

  • Names and addresses for all your employers for the last 2 years
  • Dates of employment for each employer - start date and termination dates are required please
  • Letter explaining any gaps in your employment in the last 2 years
  • Pay stubs for the last 30 days – if paid bi-weekly - every two weeks, we need the 3 most consecutive pay stubs
  • Most recent 2 years W2’s for all salaried borrowers
  • Self Employed or Commission Income - Most recent 2 years 1040’s personal & business tax returns including  1120 Corporate returns, 1120S-S Corp., 1065’s-Partnership and/or K1’s (if applicable)
  • Year-to-date profit and loss statement and current balance sheet (if self-employed)
  • Annual Award letter and a copy of your most recent check for retirement,social security or disability income. (If auto deposited into your account,please send the bank statement showing the deposit)

5. Miscellaneous (if applicable)

  • Complete Bankruptcy papers including discharge
  • Complete Divorce papers and Final order by the judge

6. Real Estate

  • Copy of most recent property tax bill for all properties owned
  • Copy of most recent homeowner’s insurance bill for all properties owned
  • Copy of most recent mortgage statement for all properties owned
  • Copy of the fully executed contract on the sale of your CURRENT home (if needed for qualifying)
  • Copy of the fully contract for the purchase of your NEW home
  • Copy of most recent Survey
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