Home Financing Guide
Loan Application Checklist
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The following is information you may need when applying for a loan: REALTOR® - Furnished Information:

1.  Copy of Earnest Money Contract.
2.  Breakdown of all taxing authorities.
3.  Amounts of taxes and assessments paid in previous year.

1.  Verification of income and employment:
   1. Social Security number of both husband and wife.
   2. Income tax statement and copy of W-2 for previous year (2 years if self employed).
   3. Names and mailing addresses of Employers for past four years.
   4. Correct mailing address and person to whom employment verification information should be directed.
   5. Other Incomes:
      1. Social Security
      2. Retirement
      3. V.A. Compensation (NOTE: Copy of award letters or copy of checks when received on the 1st of each month).
2.  Present address and previous addresses to cover two full years.
   
3.  Account numbers and balances for:
   1. Checking Accounts
   2. Savings Accounts
   3. Paid Out Accounts (If paid out recently and is major credit such as automobile, furniture, home improvements, etc.)
   4. Current Accounts (charge accounts and monthly installment) and Current Balances for each.
      
4.  Retirement fund or Profit-Sharing information, life insurance cash values and premium paid, stock, bonds with identification numbers, and other similar assets.
   
5.  If rental property is owned, furnish a copy of a rental/lease agreement on same.
   
6.  If you have previously had a mortgage, or have one now, bring information as to the type of loan it is, the loan number, and the name and address of the mortgage company you make/made your payments to.
   
7. If you are divorced and have children by previous marriage, amount of child support paid or received - when received - must have divorce decree to verify amount received.
   
8. If applying for a VA:
   1. Bring a copy of your DD-214 Discharge Paper and Certificate of Eligibility.

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