| Application
Checklist
Real Estate
Contract
- A copy of the ratified sales contract with all of the addendums
for the home you are purchasing
Income
- Copies of your most recent 2 years of W2’s, 1099’s, and/or K-1
forms for all employers.
- If you are self-employed, in addition to the above tax returns,
we also require a current year-to-date Profit and Loss Statement
and balance sheet prepared and signed by the accountant who prepares
your tax returns.
- If you are self-employed, earn commissions, or receive income
from alimony, pensions, or other “non-wage earning” sources, we
require your 2 most recent Federal Tax Returns with all schedules.
- If you own a Corporation/S-Corporation/Partnership, we will
require the 2 most recent tax returns from those entities including
all schedules and attachments.
Assets
- Checking and/or savings account statements for the 2 most recent
consecutive months. Please include all pages for each account.
- Stocks/IRA’s/401K/Pension/other asset account statements for
the 2 most recent consecutive months or most recent quarterly
statement. Please include all pages for each account.
- Fully executed lease agreement(s) on all rental properties owned
with the 2 most recent Federal Tax Returns including all schedules.
Other
- Complete divorce decree, separation agreement/property settlement
agreement.
- Complete bankruptcy papers and discharge notice along with a
written explanation regarding the circumstances of the bankruptcy.
- VA (Veterns Affairs) mortgage loans require the following: original
VA Certification of Eligibility, DD-214, Transfer Order (if applicable),
Statement of Active Duty (if applicable).
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