Here's a list of everything you may need to complete a mortgage application. When you begin the approval process, additional information may be requested.

Property Information

• Fully executed original purchase contract
• A listing sheet from the multiple listing book.
• Name and phone number of person appraiser should contact for inspection
• Copy of deed, tax receipts, and property survey of your present home (if you're refinancing).

Verification of Income

• Name and address of your current employer (and any other employers from the last two years).
• Pay stubs from the past 30 days (to show year-to-date income).
• W-2 forms for the past two years.
• If you're self-employed or work on commission, signed copies of personal income tax returns for the last two years with all schedules. (Additional documenation i.e. corporate returns or year-to-date profit and loss statements my be necessary.)

Verification of Assets

• Bank statements for the past two months verifying sufficient funds for closing.
• Sales contract for current residence (if sold).
• Comprehensive summary of any real estate holdings, including:
  • Complete address of each property
  • Monthly mortgage, tax, and insurance payments.
  • Rental income.
  • Copies of fully executed lease/rental agreements.
• If you're receiving a gift for closing costs or down payment, bring the name and mailing address of the donor.

Additional Information

• Account numbers and complete information on all outstanding debt obligations.
• Name, address, and phone number of your attorney.
• For proposed construction, your building contract, blueprints, and a description of materials.
• Photo identification ie. driver's license.

Fees

• A check for the appraisal, application, lock-in and credit report fees.

For more information, contact a Mortgage Consultant in your area by calling 1-800-421-0004.