Supporting Documents
The information you might need to provide at the time of your application is provided here in a convenient checklist. You should be aware that you and your spouse, or other co-borrower(s), must provide all requested information.
Purchase Contract and Property Information
- Complete copy of the purchase and sales contract signed by both buyers and sellers with all addendums
- Contact information for access to the property
- Plans and specifications (new construction only)
- Evidence of septic pumping and county certification (FHA and VA loans only if applicable)
- Copy of current well test and county certification (FHA and VA loans only if applicable)
Personal Information
- Social Security Number
- Age/Birthdate
- Years of Schooling
- Marital Status (if divorced, need copy of the final recorded divorce decree)
- Number and age of dependents
- Current address and telephone number
- Address for past two years (if more than one, full two year history from mo/yr to mo yr for each borrower)
- Current housing expenses (rent, mortgage, insurance and taxes)
- Name and address of landlord/mortgage holder (past two years only)
Employment History and Income
- Two years of employment history (from mo/year to mo/yr each borrower)
- Recent 30 day's worth of paystubs and 2 years of W-2 forms
- If self employed, complete personal and corporate tax returns last two years filed (may need current profit and loss statement)
- Records of dividends and interest received
- Proof of other income (award letters for social security, retirement, pension or military retirement)
Assets
- Current 2 months' statements for bank and money market accounts and next months' statement
- Current 2 months' statements for stocks, bonds, mutual funds, and other investments
- Vested interest in retirement funds
- Face amount and cash value of life insurance
- Information on any cars you own
- Information on any real estate you own including the liabilities
- Value of any significant personal property you own
Liabilities and Debts
- Itemized list of all current debts: loans, credit cards, child support payments, 401k loans, and any other bills
- Written explanation of any past credit problems
- Full details of bankruptcy during the last 7 years, if applicable
Additional Items Needed
- Copy of divorce decree, which should include property settlement statement and order of child support
- Complete bankruptcy papers, discharge notice and any other supporting documentation (if bankruptcy occurred in last 7 years)
- Original certificate of eligibility (VA loans only)
- Copy of DD214 or Statement of Service (VA loans only)
- Two forms of ID for each borrower
Fees
- Credit Card Autho for initial credit report and appraisal fees (usually $600 for appraisal & 37.50 for merged credit data) or less