Preparation for a Mortgage Application
Employment
Names and addresses for two full years Gross monthly income W-2s for two years, if available Year to date pay stub Proof of income from rentals, investments, etc Proof of retirement, disability or Social Security Proof of child support or alimony paid/received
If self-employed: Two years Federal Income Tax Returns Current year profit and loss statement
CreditorsEach creditor's name, addresses and type of account Account numbers for each Monthly payments and approximate balances Amounts of child care expenses
BankingNames and addresses of banking institutions Account numbers for all accounts Type of accounts and present balances
MiscellaneousList of assets in stocks, bonds, and property Life insurance cash value (documented if used as cash down payment) If applicant is selling a home, a copy of sales contracts Social Security numbers for all parties Veterans - Certificate of Eligibility & DD-214 Cash or check to pay for application fee
PropertyCopy of sales agreement Copy of listing on property Instructions on how appraiser is to gain entrance
"Ray and Nimi have been so helpful. They are always accessible for questions. They made it possible for us to find our dream home!" - Tim & Tess Neuman
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