Loan Pre-Application Checklist

Items needed for a mortgage application.

• The last 2 years of your W-2 Statements.
• Pay stubs from the previous 4 weeks.
• Bank statements from previous two months on all accounts you will use for your down payment.
• Annual real estate property tax amount.
• Annual homeowners’ insurance premium cost.
• If self-employed, the last 2 years of tax returns are required.
• Purchase contract (if purchasing house/land).
• Set of building plans and materials list (for construction loan).
• Copy of deed/legal description.
• Copy of land contract (if applicable).
• A list of all assets owned, including: checking and savings accounts, real estate, and
  investments. For deposit and investment accounts, bring the name and address of the financial
  institution(s), the account number(s) and current balance(s).
• A list of all debts. Include the name and address of the creditor, account number, monthly
  payment and current outstanding balance for each debt.
  
• A list of addresses covering the past two years of residency.
• If applicable, a copy of your divorce decree or separation agreement along with any child
  support or alimony payment history.
• If an employer is providing a loan or paying closing costs, a copy of the employer’s statement
  detailing the costs paid or terms of the loan.
• Appraisal fee will be required to be paid at application.