Online Loan Application Info

What you need for your application

Thinking of starting our online loan application?

We want you to feel 100% confident that all of the information you provide us will be completely secure.

We never share your information without permission. If we do share your information, it will be only to tell mortgage lenders about you and to convince them to loan you money. In turn, these mortgage lenders are bound by federal law to keep your information secure.

What information do mortgage lenders need to consider your loan application?

For All Loans …

• Social Security Number
  For borrower and co-borrower, if any

• Employment History
  For the last two years, employment dates, addresses and salary
  Current pay stubs or W-2 forms

• Check and Savings Accounts and Certificates of Deposit
  Location of bank accounts, account numbers and balances
  Address of bank if out of town
  Last 3 months’ statements

• Stocks, Bonds, and Investment Accounts
  Broker’s name and address, description of stocks, bonds, etc.
  Last 3 months of statements or copies of stock certificates

• Life Insurance Policies
  Insurance company, policy number, face amount, cash value, if any

• Retirement Plan
  Approximate vested interest value
  Copy of latest statement

• Automobiles
  Make and model of automobiles, their resale value

• Other Assets
  Market value of personal and household property

• Liabilities and Other Non-Mortgage Debt
  Creditors names, addresses, account numbers
  Monthly payments and balances

Other Income Information You May Need

• If you’re self-employed
  Two years tax returns, profit and loss statements, both company and personal if separate.
  Current balance sheet and profit and loss statement if more than two months into the new fiscal year, signed by CPA.

• If you have income from:
  Commission
  Overtime
  Bonus
  Partnership
  Rental Property
  Trust
  Notes Receivable
  Interest/Dividends
  Personal federal tax returns for the last two years

• If employed in family business
  Personal federal income tax returns and all schedules for the past two years

• If divorced or separated
  Complete executed divorce decree and settlement agreement
  Payment history of alimony/child support over the past 12 months (if it is a financial obligation)
  If you choose to have this be considered as part of your income (you don’t have to), be prepared to provide 12 months canceled checks or bank statements reflecting income deposits.

If You Own Real Estate …

• Name and address of all mortgage lenders for the past 24 months, account numbers, monthly payments and balances

• If you’ve sold your home but not closed:
  A copy of the sales contract

• If you’ve sold your home, closed, and you will use the proceeds for your new down payment:
  A copy of the HUD-1 Uniform Settlement Statement

If You Rent …

• Name, address, phone number of landlords for the past 24 months

If You’re Buying a Home …

• Purchase sales contract or offer to purchase and all addenda
  Furnish contract with original signatures of buyer and seller

• If a source of your down payment is a gift:
  Name, address and relationship of donor
  Gift funds will be verified in both the donor and recipient’s accounts
  Note: Not all loan programs allow gifts to be part of your down payment

• For FHA Financing
  Evidence of Social Security Number and photo identification

• For VA Financing
  DD214 and Certificate of Eligibility

• For Construction/Perm Loan
  Signed construction with cost breakdown, builder plan and specifications