Purchase

• Does not apply
• Copy of signed purchase agreement for the new property
• Name and address of current property owner
• Name and phone number for listing and selling real estate agent(s) involved in the transaction, if any
• Copy of Earnest Money check

Construction

• Does not apply
• Plans/Drawings and specifications
• Signed Sworn Construction Statement itemizing acquired bids or builder’s contract
• General contractor name, address and phone number and if land is currently owned less than one year, copy of Settlement Statement from the land purchase.

Income

• Pay stubs from your present employer covering the most recent 30 days, showing year-to-date gross income
• W2 forms for all employment for all borrowers for the most recent two years
• Signed and dated copies of your federal tax returns (complete) – most recent two years
• Verification/explanation of:
  • Commission income
  • Bonus income
  • Disability
  • Child support/spousal support (through court or copy of canceled checks)
  • Overtime income
  • Pension/retirement
  • Other: __________________________________________

Assets

• Three months’ worth of statements (all pages) for ALL savings, checking, mutual fund, stock, bond accounts listed on the application
• Copy of purchase agreement for property to be sold in order to qualify for this loan and/or provide necessary cash to close
• Gift letter, if applicable

Liabilities (Debts)

• Name, address, account number of existing mortgage holders, contract for deeds or landlords
• Name, address, account number, balance owing and monthly payment for all installment debt and revolving credit accounts
• Letter of explanation for all that apply:
  • Slow pay on credit
  • Default, foreclosure judgments/liens
  • Bankruptcy
  • Other: __________________________________________

Self-Employed/Commissioned, Other Non-W-2 Income

• Does not apply
• Year-to-date profit and loss statement (and balance sheet if corporation or partnership)
• Corporate/partnership tax returns (complete) – most recent three years

Other items as applicable

• Final divorce decree
• Legal separation papers
• Bankruptcy schedule and discharge
• Social Security/Disability award letter and 1099s
• Contract for deed to be paid off
• School transcripts, diploma

Refinance

• Does not apply
• Most recent Property Tax Statement for subject property
• Declaration page of property insurance policy
• Location of abstract OR
• Copy of Title Insurance binder

Income

• Pay stubs from your present employer covering the most recent 30 days, showing year-to-date gross income
• W2 forms for all employment for all borrowers for the most recent two years
• Signed and dated copies of your federal tax returns (complete) – most recent two years
• Verification/explanation of:
  • Commission income
  • Bonus income
  • Disability
  • Child support/spousal support (through court or copy of canceled checks)
  • Overtime income
  • Pension/retirement
  • Other: __________________________________________

Assets

• Three months’ worth of statements (all pages) for ALL savings, checking, mutual fund, stock, bond accounts listed on the application
• Copy of purchase agreement for property to be sold in order to qualify for this loan and/or provide necessary cash to close
• Gift letter, if applicable

Liabilities (Debts)

• Name, address, account number of existing mortgage holders, contract for deeds or landlords
• Name, address, account number, balance owing and monthly payment for all installment debt and revolving credit accounts
• Letter of explanation for all that apply:
  • Slow pay on credit
  • Default, foreclosure judgments/liens
  • Bankruptcy
  • Other: __________________________________________

Self-Employed/Commissioned, Other Non-W-2 Income

• Does not apply
• Year-to-date profit and loss statement (and balance sheet if corporation or partnership)
• Corporate/partnership tax returns (complete) – most recent three years

Other items as applicable

• Final Divorce Decree
• Legal Separation Papers
• Bankruptcy Schedule and Discharge
• Social Security/Disability Award Letter and 1099s
• Contract for Deed to be paid off
• School transcripts, diploma

Debt-Consolidation

• Does not apply
• Most recent statement for each account to be paid off with loan proceeds. Statement must include account number, current balance, creditor’s address and phone number.

Income

• Pay stubs from your present employer covering the most recent 30 days, showing year-to-date gross income
• W2 forms for all employment for all borrowers for the most recent two years
• Signed and dated copies of your federal tax returns (complete) – most recent two years
• Verification/explanation of:
  • Commission income
  • Bonus income
  • Disability
  • Child support/spousal support (through court or copy of canceled checks)
  • Overtime income
  • Pension/retirement
  • Other: __________________________________________

Assets

• Three months’ worth of statements (all pages) for ALL savings, checking, mutual fund, stock, bond accounts listed on the application
• Copy of purchase agreement for property to be sold in order to qualify for this loan and/or provide necessary cash to close
• Gift letter, if applicable

Liabilities (Debts)

• Name, address, account number of existing mortgage holders, contract for deeds or landlords
• Name, address, account number, balance owing and monthly payment for all installment debt and revolving credit accounts
• Letter of explanation for all that apply:
  • Slow pay on credit
  • Default, foreclosure judgments/liens
  • Bankruptcy
  • Other: __________________________________________

Self-Employed/Commissioned, Other Non-W-2 Income

• Does not apply
• Year-to-date profit and loss statement (and balance sheet if corporation or partnership)
• Corporate/partnership tax returns (complete) – most recent three years

Other Items as Applicable

• Final divorce decree
• Legal separation papers
• Bankruptcy schedule and discharge
• Social Security/Disability award letter and 1099s
• Contract for deed to be paid off
• School transcripts, diploma