Item Checklist for Loan Application

Employment

• Addresses for two full years
• Gross monthly income
• W-2’s (if available)
• Proof of pensions, retirement, disability, or Social Security
• Year-to-Date pay stub
• If self-employed:
• Two years of 1040 tax returns
• Current year profit and loss statement

Creditors

• Each creditor’s name, address, and type of account
• Account numbers
• Monthly payments and approximate balances
• Amount of child care expenses

Banking

• Names and addresses of savings institutions
• Account numbers for all accounts
• Type of accounts and present balances

Miscellaneous

• List of assets in shocks, bonds, and land
• Life insurance cash value (documented if used as cash down payment)
• If applicant is selling home, a copy of sales contracts
• Social Security numbers for all parties
• Veterans—Certificate of Eligibility and DD-214
• Cash or check to pay for application fee
• Copy of sales agreement
• Copy of listing on property
• Instructions on how appraiser is to gain entrance