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loan application checklist loan application checklist

Use this list to begin gathering everything you'll need when you apply for your mortgage loan-the more you bring with you, the smoother the process will go. You may want to print this page out for handy reference. Print
Original purchase contract (the loan officer will copy it and return the original to you)

Copy of earnest money (deposit) cancelled check

Employment history details

Last two years' W-2 forms

Last two years' income tax returns

Paycheck stubs for past 30 days

Verification of secondary income (e.g., investment accounts, bonuses, a part-time job, child support or social security income)

Assets: Account numbers, balances and branch addresses
      Checking
      Savings
      Stocks/bonds (current market values)
      Other:
      Other:

Debts: Account numbers and addresses
      Auto loan(s)
      Boat loan(s)
      Student loan(s)
      Credit card
      Credit card
      Other:
      Other:

Explanation of any credit problems (e.g., previously declared bankruptcy, excessive credit card debt)

Divorce or separation documents (if you receive or pay alimony or child support)

Landlord's name and phone number (if renting)

Disposition of present home (if you already have a home, do you plan to sell it or rent it out?)

Person who will give lender access to lender's appraiser (name and phone number)

Your check for appraisal, credit report and/or loan application fees (your lender will tell you what this cost is)