Sandra Howell

Documentation Needed to Process a Loan Application 

1.      Sales contract with original signatures of all parties.

2.      Names, addresses, and phones numbers of all employers for the past 24 months.

3.      Self-employed: Personal and corporate tax returns for the past 2 years, business profit and loss statement and balance sheet for the current year.

4.      Past 2 years tax returns for any persons who are commissioned, using bonus or interest income, or persons in sales.

5.      One month paycheck stub for year-to-date earnings and past 2 years W-2 forms.

6.      Current liabilities:

          A.  Name of creditors, addresses and account numbers.

 7.    Banking statements for the past 3 months for all checking, savings, credit union                   accounts,  stocks, etc.

 8.     VA loans: Copy of all DD214’s and/or Certificates of Eligibility.

 9.     FHA loans: Picture I.D. (driver’s license) and Social Security card.

10. Information for appraisal: Complete legal description, lot dimensions, age of home, and name, address, and phones numbers of person to contact for entry to home.

11. Divorce or separated persons: Divorce petition and final decree and/or separation agreement.

12. Bankruptcy: Complete bankruptcy and discharge papers.