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To assist us in quick approval and the closing of your loan request, the following information is required at time of submission of your loan application. INCOME ____ The most current pay-stubs to cover one month of income. ____ Last two years W2’s . ____ Last two years of personal tax return if you are self employed or own more than one property. LIABILITIES ___ Existing real estate loan information: mortgage statement. ___ Auto loan statement. ___ Other installment loan statements. ASSETS ___ Three months of bank statements (checking and/or savings). ___ 401K statement. ___ Investment property: include copies of rental agreements. CREDIT REPORT* ___ $50 for credit report; make check payable to Mortgage Data Bank. APPRAISAL REPORT* ___ $300 for the appraisal report; COD OTHER ___ Copy of homeowner’s insurance policy. ___ If divorced include copy of divorce decree and property settlement agreement. CONDO/TOWNHOUSE/PUD ___ HOA: name, address, and telephone number. ___ Copy of fidelity bond insurance policy, copy of CCR’s, By Laws, Articles of Incorporation, copy of budget and balance sheet. * All fees refundable for loans with no out of pocket expense. |