Page 8 - 77177_Teton_Wilson_ABN_Buyer's_Guide

2020 Buyer's Guide Step 2 Continued...

LOAN APPLICATION CHECKLIST

In order to expedite the mortgage loan process, please bring everything applicable on this list to make
your appointment and the loan process as smooth as possible.
(Refer to your lender for your specific loan payments.)

Copy of Sales Contract for the purchase of your new home.

Copy of Sales Contract and certified copy of Closing Statement for the sale of your present home.

Residence History
Past 24 months of residence with complete addresses.
Length of time you lived at each residence.
Name of landlord and his/her address (if currently renting).

Current Real Estate
Property addresses.
Estimated market values.
Outstanding loan balances (bring copy of most recent loan statement).
Amount of monthly payment.
Amount of monthly rental income, if any (copy of rental agreements).

Personal Property
Net cash value of your life insurance.
Year, make, and value of all vehicles.
Value of your furniture and personal property.

Employment History
Employers for the past two years with complete addresses.
Dates of employment for each place.
W-2s for most recent two years.
Tax returns for the most recent 2 years, with all schedules.
Year-to-date profit and loss statement and current balance sheet (if self-employed)
Explanations for any gaps in your employment.

Copies of most recent monthly statements for all loans and/or credit card balances.

Accounts
Bank statements from the most recent 3 months for all accounts, stock brokerages, mutual funds, IRAs,
pensions, etc.

If applicable:
Copy of divorce papers.
Certificate of eligibility and DD214 (for VA only).
Copy of driver license and Social Security Card. 6