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Helpful Information
 

for the Loan Application Process

The following items will generally be needed to process an application.

 

Employment

  • Addresses for two full years
  • Gross monthly income
  • W-2's, if available
  • Proof of pensions, retirement, disability or Social Security
  • Proof of income from rentals, investments, etc.
  • Proof of child support or alimony paid/received
  • Year to date pay stub
  • If self-employed: Two years 1040 Tax Returns, current year profit and loss statement

Creditors

  • Each creditor's name, address, and type of account
  • Account numbers
  • Monthly payments
  • Amount of child care expenses

Banking

  • Names and addresses of saving institutions
  • Account numbers for all accounts
  • Type of accounts and present balances

Miscellaneous

  • List of assets in stocks, bonds, land
  • Life insurance cash value (documented if used as cash down payment). If applicant is selling a home, a copy of sales contracts
  • Social Security numbers for all parties
  • Veterans - Certificate of Eligibility DD-214
  • Cash or check to pay for application fee

 


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