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Dar Walden
(907) 865-6404 Office
(907) 240-2804 Cell
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A "Get Ready" Checklist
Good to know information when you are about apply for a home loan. Having this information handy will speed up the entire process. Use the list below to help you organize your paperwork.
- Agreement or Contract of Sale
- Signed by all parties, if applicable
- Employment History
- Name, address and phone number for all of your employers in the past two years,
including dates of employment
- Your social security number
- Your co-borrower's social security number, if applicable
- If you were in the military in the past two years, a copy of your DD Form 214
- Income Information
- W-2 forms for the year immediately preceding your application date and your most recent
pay stub
- Bank Statements for the Past Month (To show your source for down payment and
closing costs)
- Checking accounts
- Savings accounts
- Savings certificates
- Credit Information
- Names, addresses and account numbers for all creditors (charge cards, auto loans,
student loans, etc.)
- Estimated present balance and monthly payment for each director
- If no current accounts, show the same information for previous accounts
- Real Estate You Own Currently
- Copy of mortgage payment coupon for each property you own, including your current
property, if applicable
- Mailing address (not a P.O. Box) for each mortgage holder
- Application Fee
- Your loan officer will let you know the amount in advance (This may vary by state)
SPECIAL SITUATIONS
- If You're Self-employed
- Profit and loss statements for the past two years
- Balance sheets for the past two years
- Personal and business tax returns for the past two years
- The information above, signed and dated by you and your accountant
- Copies of your 1040 forms with Schedule C for the past two yers
- If You're Employed by a Relative
- 1040 forms for the past two years
- If You Receive Rental Income
- 1040 forms for the past two years
- Copies of all lease agreements
- If You Receive Social Security Payments, Retirement Pay, Welfare or Disability
Income
- Verification, such as an award letter or copy of the latest check
- If You Were Out of Work At Any Time During the Last Two Years
- A statement explaining the reasons for the gap and showing the dates
- If you were a full-time student, a copy of your school transcript covering that period
- If You Own U.S. Savings Bonds
- A list of serial numbers and the face value of each bond of you plan to list them as assetts
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