Be Prepared for Your Home Loan Application

1. A copy of your escrowed Sales Contract with original signatures on it.
2. General Information:
   1. Addresses over last two years
   2. If renting, names and address of landlords
   3. Social Security numbers
   4. VA Certificate of Eligibility of DD214 (if VA loan)
3. Employment:
   1. Names, addresses and dates of employment over last two years.
   2. Gross monthly or annual income (base and overtime separate). If commissioned income, last two years tax returns.
   Self-Employed:
   1. Last two years tax returns - personal and business.
   2. Financial and current profit & loss statements and balance sheet.
4. Liquid Assets:
   1. Name and address of banks and credit unions.
   2. Account numbers and approximate balance for checking & savings.
5. Real Estate Owned:
   1. Addresses and value.
   2. Name and address of mortgage company and account number.
   3. Monthly payments and approximate balances.
   4. If rental property, rental income and copy of leases.
   5. Property taxes and insurance (if not included in payment)
   6. Disposition of property - to be sold; to be rented; presently rented.
6. Automobiles: Make, model and value.
7. Personal Assets: Approximate value of furniture and all household goods.
8. Liabilities: Charge accounts, car notes, bank or credit union notes. (Do not include gasoline cards.)
   1. Names, addresses and account numbers.
   2. Payments and approximate balances.
   3. Child care expenses, if parents work.
   4. Child support or alimony (copy of divorce papers).
   5. Co-signer on note - name and address of creditor; account number; payment and approximate balance; name of person you cosigned for.
9. Application Fee: Check for credit report and appraisal. (Usually between $300 and $350.00)