Document Checklist and Instructions

A properly documented loan application makes your loan process go smoothly. This checklist will help you gather your paperwork.

1. Deed, Survey (if one is available)
2. Receipts of County & School Tax Bills & Village or City if applicable.
3. For verification of customer identification please provide copy of your driver's license with photo, social security card or passport.
4. Most recent 30 day computer generated pay stubs or most recent check for Social Security/Pension/Disability income, include award letters.
5. All pages of 2 most recent consecutive bank statements for all asset accounts (checking, savings, money market, stocks, bonds, mutuals, 401K's & retirement accounts).
6. Two years of Federal Tax returns required for any borrower with income or deductions from overtime, bonus, commission, rental, union workers, and long haul truckers.
7. Two years of W-2's.
8. If divorced, provide a copy of divorce decree or seperation agreement. Also, 12 canceled checks for alimony/child support checks or status per Support Collection Unit to prove receiptof income.
9. Source of funds for any recent large deposit during the past 3 months.
10. If gift funds are involved, need-copy of gift letter, copy of deposit slip, evidence of withdrawl from donors account. Actual transfer can be conditioned for if not done prior to application.
11. If you have had a bankruptcy within the last 7 years, entire copy of discharge with all schedules.
12. Copy of purchase contract if other property is being sold; or copy of listing agreement.
13. On a purchase loan, furnish Sales Contract of Purchase Agreement with signatures of all parties.
14. On a construction or rehab loan, plans, complete estimates, & specifications fo the home to be built. We will furnish this to the lender's appraiser to determine value.
15. On a refinance loan, if possible, send a copy of your previous title work, and your most recent mortgage statement.

If self-employed, please include:

    1. Copies of last 2 years Federal Income Tax returns with all schedules attatched, re-        signed & dated in BLUE INK.

    2. If 25% or more ownership in corporation or partnership, 2 years of        Corporate/Partnership returns, signed, with all schedules.