1. Social Security numbers.
2. If you
are not a U.S. citizen, documentation of your current
residence status.
3. Street
address for all the places you have lived over the past
two (2) years.
4. W-2
forms for all employment situations of the past two (2)
years.
5. Most
current pay stub for all current employment situations
covering a full monthly pay period.
6. If you
are self-employed, receiving commission income, or
obtaining rent from real property owned, personal federal
income tax returns (with all schedules) for the past two
(2) years.
7. If you
are self-employed or own your own business, business
federal income tax returns (with all schedules) for the
past (2) years.
8.
Documentation of any other income (child support, alimony,
trusts, etc.) to be considered as part of your monthly
income.
9.
Name(s), addresses, account numbers, and approximate
balances for all checking and savings accounts.
10.
Statements for bank accounts, credit unions, certificates
of deposit, and a brokerage accounts for the past three
(3) months.
11. List
of savings bonds (serial numbers) and approximate values.
12. List
of stock securities and approximate values.
13. List
of life insurance policies, amounts of coverage, cash
value, and monthly cost.
14. Year,
model, and approximate value of automobiles owned.
15.
Estimated value of furniture and other personal effects
owned.
16.
Documentation of any other assets you wish to have
considered as part of your net worth.
17. Names,
addresses, account numbers, and approximate balances for
any mortgages or other loans (such as an equity line of
credit or second mortgage) secured by real property. If
the property is to be sold or rented, a copy of the sales
contract or lease.
18. Names,
addresses, account numbers and approximate balances for
any installment or revolving credit accounts (the cities
including credit cards, personal lines of credit, student
loans, and automobile or other vehicle loans).
19.
Documentation of any other liabilities (alimony or child
support, old, payments against unresolved judgments,
etc.).
20.
Amounts currently paid as housing expenses, including
principal and interest payments, home and/or mortgage
insurance premiums, property taxes, and home owner’s
association dues.
21. If you
are divorced or separated, a copy of decrees or
agreements.
22. Letter
of explanation with supporting documentation in any case
of credit delinquency.
23. If
you’re purchasing a home, a copy of the real estate
purchase contract and documentation of any earnest money
deposit.
24. If you
are refinancing your current home, a copy of the deed and
the house location survey of the property.
25. You
also should know the year in which the home was built, the
year in which you originally purchased it, and its cost
when purchased.
26. To use
a gift as a source of the funds required for closing, a
copy of the gift Letter and documentation as to the
availability of those funds.
27.
Veterans applying for a VA mortgage loan will need an
original VA certificate of eligibility. Active duty
personnel also need a statement of service Letter. All
others will need a copy of DD form 214.
28. A
check for the application fee, covering the cost of the
appraisal and the credit report.
