-
A copy of the
sales contract, signed by all parties.
-
A deposit for
credit report and appraisal fees will be required at time of
application ($302 due at loan application).
-
Social
Security numbers for all applicants.
-
Checking
account numbers and addresses of banks.
-
Savings
account numbers and addresses of banks.
-
Mutual fund
account numbers and addresses.
-
Gift letter
for any money received from relatives to purchase home and placed in
checking/savings account.
-
Serial numbers
and face values of any US Savings Bonds and other stocks.
-
Copy of your
current thrift plan, provident fund, or retirement benefits which
your company has. If statement is not available, provide address and
account number for same. Include IRA and/or Keogh data.
-
Credit card
references including account numbers, balances and address of creditor.
-
A list of any
debts you have which have a balance. The name of the creditor, their
address, telephone number, account number, the monthly payment and
balance should be included.
-
A list of
assets including automobiles, furniture, and estimates of value.
-
Name and
address of any employer(s) for the last two years. Latest earnings
statement or pay vouchers.
-
If overtime is
substantial part of gross income, provide W-2 forms for past two
years. Commission sales usually require two years' tax returns.
-
If you are
self-employed, tax returns for the last two years will be required,
in addition to profit-and-loss statements and balance sheets for
year-to-date earnings.
-
If you are
applying for a VA loan, your Certificate of Eligibility (if military)
or DISCHARGE PAPERS (DD 214). If you are active duty military, you
will need DD 1747 (permission to live off post).
-
If you are
presently a member of any military reserve unit, give address.
-
If you
presently own or have owned a home in the last three years, the name
and address of the mortgage company or lending institution, the
mortgage loan number and balance.
-
If you are
obtaining your equity from the sale of your previous residence, a
copy of your closing statement is required.
-
If you are a
landlord, bring a copy of your tenant's lease(s) with you to
substantiate income derived. If you are renting we will need
landlord's name and address.
-
Any divorce
papers and property settlements where property was involved in a
divorce. If alimony or child support is being used as income to
qualify for a loan, provide proof of amounts received, in the form of
canceled checks, military allotments, or proof of payment through the court.
-
Any bankruptcy
judgment papers. Copies of discharge of debts and original papers filed.
-
Tax returns
for three years for KHC loans (Kentucky Housing Corporation - first
time homebuyer's program).
-
Addresses for
past two years.
-
Address of
nearest relative.
