This information is required of all borrowers and co-borrowers. Not all may be applicable.
Loan Information
- Loan application completed
- Type of mortgage applied for
- Loan amount
- Interest rate
- Number of months
- Amortization type
- Purpose of loan
- Refinance section (if applicable)
- Titled in what names
- Source of down payment
- How was the application taken
- Borrower & Originator signatures and dates
Personal Information
- Full name
- Contact numbers
- Current mailing address
- Years in school
- Marital status
- Number of dependents and their ages
- Previous mailing address if current is less than 2 years
- Copy of driver's license or picture identification (front and back) for all borrowers
- Social Security number
- Copy of fully executed divorce decree, if applicable
- Copy of child support decree, if applicable
- Name of Employer
- Employer's contact numbers
- Position/title
- Type of business
- Years on the job
- Years employed in this line of work
- Copy of pay stubs for the last 30 days for all borrowers
- Copy of W2s for previous 2 years
- Copy of previous 2 years tax returns (personal and business, if self-employed)
- Copy of mortgage statements if applicable
- Name, address, and phone number of landlords for previous 2 years, if applicable
- Copy of leases on rental properties
- Copy of 2 months bank statements for all checking and saving accounts, including any 401K, retirement, CDs, stocks, mutual funds, consecutive, all pages with LOE if there are any significant deposits out of the ordinary
- Monthly income
- Present housing expenses
- Any additional income
- Government monitoring information
- Assets
- Liabilities
- Any additional income using to qualify
- Schedule of Real Estate owned
- Copy of Purchase Agreement signed by all parties, if applicable
- Property address
- No. of units
- Copy of Earnest Money Deposit, if applicable
- All applicable loan documents and disclosures signed and dated by all parties
No comments:
Post a Comment