Loan Application Checklist

Please return all of the items below so that we may provide you a prompt review and the highest level of service:

• Two – Complete & Consecutive:
     *Bank Statements (most current & showing two month history, ALL PAGES)
     *Brokerage Statements (most current & showing two month history, ALL PAGES)
     *Retirement Statements (most current & showing two month history, ALL PAGES)
      (plus documentation to prove source of any recent sizable deposits)
   
   
• Employment pay stubs for last 30 days from each employer for each applicant 
   
• Most recent two years W-2 forms from each wage-earner applicant 
   
• Most recent two years Personal Federal Income Tax Returns (1040’s) with all schedules, statements and addenda (completed and signed) 
   
• Most recent two years K-1’s for all Partnerships and S-Corps (please double check your return as most K-1’s are NOT attached to the 1040) 
   
• Most recent two years Federal Partnership Tax Returns (1065’s) and /or Corporate Income Tax Returns (1120’s) with all schedules, statements and addenda for any business in which you have at least 25% ownership (completed and signed) 
   
• Year-to-Date Profit/Loss Statement & balance Sheet for any Partnership or Corporation in which you have at least 25% ownership (completed and signed) 
   
• Name of current mortgage lender for all real estate owned with account # AND/OR name & number of all landlords for the previous two years 
   
• FOR PURCHASE ONLY: Purchase Contract for new property, upon execution 
   
• FOR PURCHASE ONLY: Listing Agreement or purchase Contract for current residence & certified copy of Closing Statement (when available) if selling property for the purposes of this loan 
   
• FOR REFINANCE ONLY: Copy of Title Insurance Policy, Homeowner’s Insurance Policy and Survey on property to be refinanced 
   
• Homeowner’s Insurance agent’s name and phone number – it is your responsibility to secure homeowner’s insurance for the new property prior to closing 
   
• Check for application fee (includes credit report & appraisal) 
   
• Copy of Driver's License from each borrower