Loan Application Checklist

In general, the documentation you will need includes:
Check for application fee
Property Information (if you already have a contract on a house)
Purchase Agreement.
Copy of legal description and MLS sheet.
If you are selling your current home, copy of listing contract.
If you have sold your current home, copy of settlement statement (HUD-1).

Income & Assets

Pay stubs for the last 30 days.
For the past two years:
 

Names and addresses of each employer.

W-2s
Statements for each bank, mutual fund, and/or investment account for the last three months.
Estimated value of personal property and furniture.
  If you have made any large deposits to your accounts:
 

Explanation and source for deposit.

 If large deposit was a gift:
 

Signed gift letter (lender can supply).

 Copy of gift check.

 Copy of deposit receipt.
  If you own more than 25% of a business:
 

Corporate or partnership tax returns.
  If self-employed:
 

Tax returns for the last three years (with schedules).

 Year-to-Date Profit and Loss Statement prepared by an accountant.
  If you own rental property:
 

Tax returns for the last two years and current rental agreements.
  If you are retired:
 

Pension Award Letter.
  If you receive Social Security:
 

Social Security Award Letter.
  If you are counting child support as income:
 

Copy of divorce settlement.

 Copy of twelve months of cancelled child support checks.

Debts

Names, addresses, account numbers, balances and monthly payments on all current loans.
Explanation of credit report anomalies, including:
 

Late payments, credit inquiries in the last 90 days, charge-offs, collections, judgments and/or liens.

 Bankruptcy filed within last seven years (bring a copy of your bankruptcy papers).

VA Loans

Copy of DD Form 214, Report of Separation.

Miscellaneous

Photo ID and proof of Social Security number.
Residence addresses for the past two years.
If applicable, a copy of your divorce decree.
If you are not a citizen, a copy of the front and back of your green card.

 

 

Got a Question?

Do you have a question? We can help. Simply fill out the form below and we'll contact you with the answer, with no obligation to you. We guarantee your privacy.
 
Your Information
*Name:
*Email:
Phone:

Your Question
Question:

Note: Fields with an * are required

John Easterling - Coldwell Banker Coastal Rivers Realty

®, ™ and SM are licensed trademarks to Coldwell Banker Real Estate Corporation. An Equal Opportunity Company. Equal Housing Opportunity . Each Office Is Independently Owned And Operated.


John Easterling - Coldwell Banker/Coastal Rivers Realty 1550 W. 5th St. Suite 200 Washington, NC 27889
Phone: Toll Free Phone: Cell: Fax:

Why Title Insurance? | Why Get An Inspection? | Title Information | ResultsforYou | Why Choose Us ? | Contact Us | Curb Appeal List | Setting the Sales Price | Tax Closing Costs | Lead in the Home | Loan-Related Closing Costs | Insurance Closing Costs | Getting the Highest Price | Selling your own home | Free Home Valuation | Find A Home! | Your FICO Score | How Escrow Works | Waterfront Homes | 7 Reasons To Own | Bath,NC | Beaufort County Schools | Historic Homes | Coldwell Banker Mortgage | The Inner Banks Team | Seller Resources | Our Company | Moss Landing | Buyer Resources | Local Contact Information | First Time Buyer Tips | Credit Score Factors | Washington,NC | SRES | Testimonials | Search Area Listings | Pamlico Plantation | NC agents disclosure | Cypress Landing | Waterfront Lots | Community Links | Tree Shade | Greenville NC | Coldwell Banker | Realtor.com | Somerset | Pitt County Schools | East Carolina University | Beaufort County C.C. | Pitt County C.C. | Featured Listings | Bridgewater | Charlestowne | Pitt County | Dinah's Run | Chocwinity, NC | Closing Costs | First Time Buyers | Get Pre-qualified | Inspection Tips | Home Buyer Checklist | Looking to Buy? | Download Adobe Acrobat | Real Estate Glossary | Looking to Sell? | Our Featured Homes | Home | Applying for a Loan | Loan Application Checklist | Mortgage Saving Tips | Your Downpayment | Housing Finance Agencies | Document Your Assets | Your Buying Power | Writing the Offer | Loan Programs | Mortgage Shopping | Locking in Rates | Living Trusts | Lender Types | Staying Approved | Neighborhood Prices | Staging of Your Home | Staging Checklist | Creative Financing | Heart of the Matter | Seller Paid Closing | Site Map | 9 Steps to Ownership | Staging Your Home | Reasons homes don't sell | Be accessible! | Buying Foreclosures/REO's | Contingencies in Contracts | The Back Yard | Need a Bridge Loan? | What's Earnest Money? | Should you paint? | Homeowner Warranties | Plumbing and Fixtures | Real vs. Personal Property | The Kitchen | Role of the MLS | Gated Communities | Flowers Add Curb Appeal! | Ethics in Real Estate | Improvements That Pay | Home Appreciation | Selling One, Buying Another | Fixer Uppers | Mfg vs Modular Homes | Daily Rate Lock Advisory

Copyright © 2008 John Easterling - Coldwell Banker/Coastal Rivers Realty
Portions Copyright © 2008 a la mode, inc.
Another XSite by a la mode, inc. | Admin Login| Terms of Use| Site Map
All rate, payment, and area information are estimates and approximations only.