Items Needed On All Borrowers for
Mortgage Application Processing
Please bring items with
you when meeting with your loan officer.
Standard:
1 month current
consecutive pay stubs for all borrowers.
If you receive “other” incomes please provide the last two years proof
of income. (ex: social security,
annuity, death benefits, child support, etc)
2 months current
consecutive bank statements (all pages) for all checking/savings accounts
disclosed on application
Most recent
statement for stocks, bonds, IRA, 401K or other retirement/investment accounts
Copy of current
driver’s license and social security card or valid passport
Copy of most recent
(two years) W2’s and full tax returns (all pages)
Copy of divorce
decree or separation agreement and child custody/support documentation
Proof of Ernest
Money Deposit (EMD) has been withdrawn from account draw from
Complete Credit
Card Authorization Form for Appraisal Scheduling
Copy of mortgage
payment statement (
for Primary home)
Copy of current homeowner’s
insurance declaration page (
for Primary
home
)
Copy of current
mortgage Note (
for refinance only)
Other:
For any Rental
Properties
you own please send current lease, homeowner’s insurance
declaration page and real estate taxes.
If you have been
discharged by Bankruptcy 7, 11, or 13 in the last 5 years please provide copies
of you bankruptcy filing and discharge form.
If you have paid
off any derogatory accounts in the last 12 months such as collections,
judgments, charge offs, child support or tax liens please provide documentation
of proof the account is paid in full.
If you have made
any large deposits into your bank accounts that exceed a normal pay check
please write a brief letter of explanation as to where the money came from and
provide proof through documentation.
If borrowers intend
to use a Specific Power of Attorney for this transaction please provide a copy
Mortgage Application Checklist | Written by Adam Miller | www.adammiller.realtor
Coldwell Banker Premier Homes | Shepherdstown, WV
