Preparation for a Mortgage Application

Employment
Names and addresses for two full years
Gross monthly income
W-2s for two years, if available
Year to date pay stub
Proof of income from rentals, investments, etc
Proof of retirement, disability or Social Security
Proof of child support or alimony paid/received
If self-employed:
Two years Federal Income Tax Returns
Current year profit and loss statement

Creditors
Each creditor's name, addresses and type of account
Account numbers for each
Monthly payments and approximate balances
Amounts of child care expenses

Banking
Names and addresses of banking institutions
Account numbers for all accounts
Type of accounts and present balances

Miscellaneous
List of assets in stocks, bonds, and property
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

Property
Copy of sales agreement
Copy of listing on property
Instructions on how appraiser is to gain entrance