What information will be needed for the application (and how it's kept private)
When you complete a home loan application on our website, it is 100 percent fully secure. And we never, ever share it with anyone except by permission -- that is, the information you provide us is used to get you the best loan.
Here is a list of the information needed to consider your loan application.
For all loans
Social Security Numbers for all borrowers on the loan.
A two year history including, employment dates, addresses, salary.
Current pay stubs or W-2 forms. If you were in school as part of your two year history, we will need a copy of your diploma.
Check and Savings Accounts and Certificates of Deposit
Last 2 months' statements (please include all pages even if they are blank.)
Stocks, Bonds, and Investment Accounts
Last 2 months' statements or copies of stock certificates (please include all pages even if they are blank.)
Life Insurance Policies
Insurance company, policy number, face amount, cash value, if any.
Approximate vested interest value
Last 2 month's statment or most recent quarterly statmen (please include all pages even if they are blank.)
Make and model of automobiles, their estimated resale value.
Market value of personal and household property.
Liabilities and Other Non-Mortgage Debt
ave which may not appear on your credit report, please provide them to us including the monthly payments and balances.
Other income information you may need
If you're self-employed
Two years tax returns, profit and loss statements, both company and personal if separate.
Current balance sheet and profit and loss statement if more than two months into the new fiscal year, signed by CPA.
If you have income from:
You'll need two years' personal federal tax returns
If employed in family business
Personal federal income tax returns and all schedules for the past two years
If divorced or separated
Complete executed divorce decree and settlement agreement
Payment history of alimony/child support over the past 12 months, if it is a financial obligation.
If you choose to have this be considered as part of your income (you don't have to), be prepared to provide 12 months canceled checks or bank statements reflecting income deposits.
If you own real estate
Name and address of all mortgage lenders for the past 24 months, account numbers, monthly payments and balances
If you've sold your home but not closed:
A copy of the sales contract
If you've sold your home, closed, and you will use the proceeds for your new down payment:
A copy of the HUD-1 Uniform Settlement Statement
If you rent
Name, address and phone number of landlords for the past 24 months.
If you're buying a home
A fully ratified purchase sales contract with all addenda.
If a source of your down payment is a gift:
Name, address and relationship of donor.
Gift funds will be verified in both the donor and recipient's accounts.
Note: Not all loan programs allow gifts to be part of your down payment.
For FHA Financing
Evidence of Social Security Number (copy of your social security card) and photo identification
For VA Financing
DD214 and Certificate of Eligibility
For Construction/Perm Loan
Signed construction with cost breakdown, builder plan and specifications