What information will be needed for the application (and how it's kept private)
Anything you submit over our website is 100 percent, fully secure. And we never, ever share it with anyone except by permission -- that is, if you're giving us information you want us to use to get you the best loan. Mortgage lenders are bound by federal law to keep your information secure.
Here is a list of the information mortgage lenders will use to consider your loan application.
Social Security Number, for borrower and co-borrower if any
Employment History
For the last two years, employment dates, addresses, salary.
Current pay stubs or W-2 forms.
Check and Savings Accounts and Certificates of Deposit
Location of bank accounts, account numbers and balances;
Last 2 months' statements
Stocks, Bonds, and Investment Accounts
Last 2 months' statements or copies of stock certificates
Retirement Plan
Approximate vested interest value
Copy of latest statement
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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.
If you have income from:
Commission
Partnership
Rental Property
Notes Receivable
Interest/Dividends
You'll need two years' personal federal tax returns
If divorced or separated
Complete executed divorce decree and settlement agreement
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
Name, address and phone number of landlords for the past 24 months
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 VA Financing
DD214 and Certificate of Eligibility
For Construction/Perm Loan
Signed construction with cost breakdown, builder plan and specifications