Loan Application Checklist

General:
_____Picture ID with Social Security Number
_____Payment to cover application fee.
_____Name and complete address of all landlords (past 2 years).

Income:

_____Employment history, including names, addresses, phone numbers, and length of time with that company (past 2 years).
_____Copies of your most recent pay stubs and W-2 form (past 2 years).
_____Verification of other income (social security, child support, retirement).
_____If you are self-employed: Copies of signed tax returns including all schedules (past 2 years), and a signed profit and loss statement for the current year.
_____If you are retired: tax returns (past 2 years).If you have rental property income: Copies of all lease agreements.

Assets:

_____Copies of all bank statements from checking/savings accounts (past three months).
_____Copies of all stock/bond certificates and/or past statements/retirement accounts.
_____Prepare a list of major household items and their values.
_____Copies of title documents for all automobiles, boats, or motorcycles.
_____Face amount, monthly premiums, and cash values of all life insurance policies (Cash value may be used for closing costs or down payments.
_____You need documentation from the carrier indicating cash value).

Creditors:

_____Credit cards (account numbers, current balances, and monthly payments).
_____Installment loans (car, student, etc.) Same details as for credit cards.
_____Mortgage loans (property address, lender with address, account numbers monthly payment and balance owed on all properties presently owned or sold within the last 2 years). Bring proof of sale for properties sold.
_____Childcare expense/support (name, address, phone number).

Other:

_____Bankruptcy – bring discharge and schedule of creditors.
_____Adverse credit – bring letters of explanation.
_____Divorce – bring your Divorce Decrees, property settlements, quitclaim deeds, modifications, etc.
_____VA only – bring Form DD214 and Certificate of Eligibility.
_____Retirees – bring retirement and/or Social Security Award Letter.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the West North Carolina Regional Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Keller Williams Professionals are marked with the WNCRMLS logo. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. No part of this search utility may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Keller Williams Professionals shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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