What information will be needed for the application

(and how it's kept private)

Anything you submit is 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, we use that information to tell underwriters about you and convince them to loan you money. In turn, those underwriters and institutions 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;
Address of bank if out of town
Last 3 months' statements

Stocks, Bonds, and Investment Accounts:
Broker's name and address, description of stocks, bonds, etc.
Last 3 months' statements or copies of stock certificates

Homeowner's Insurance Policies:
Insurance company, policy number, annual preminum, agent's phone number.

Retirement Plan:
Approximate vested interest value
Copy of latest statement

Automobiles:
Make and model of automobiles, their resale value

Other Assets:
Market value of personal and household property

Liabilities and Other Non-Mortgage Debt:
Creditors names, addresses, account numbers
Monthly payments and balances

If you're self-employed:

Full doc loans require -

Year-to-date profit and loss statements, two years tax returns, both company and personal, (if business is included in personal returns, provide Schedule C.

Stated Income Loans require - 

Business license covering two (2) years or CPA letter stating that you have been self-employed for two (3) years. Contact us for Exceptions. 

If you have income from:

You'll need two years' personal federal tax returns

If divorced or separated:

Complete executed divorce decree and settlement agreement

Payment history of alimony/child support over the past 12 months, if it is a financial obligation.

If you choose to have this be considered as part of your income (you don't have to), be prepared to provide 12 months canceled checks or bank statements reflecting income deposits.

Name and address of all mortgage lenders for the past 24 months, account numbers, monthly payments and balances.

If you've sold your home but not closed:

A copy of the sales contract

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

Purchase sales contract or offer to purchase and all addendums.
Furnish contract with original signatures of buyer and seller

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 Construction/Perm Loan:

Signed construction with cost breakdown, builder plan and specifications