Information Checklist
Often people prefer to meet with the mortgage company before looking for a home to determine in advance the price range they can realistically afford and the amount for which they can qualify. This is called pre-qualification and you can save much time and trouble by making certain you are looking in the correct price range.

FOR YOUR FIRST MEETING YOU SHOULD BRING THE FOLLOWING:
EMPLOYMENT/INCOME
• Provide most recent paystubs for 1 month
• Provide W-2's for the past two years
• If self-employed or commissioned, all pages and schedules of the last two years personal tax returns
• If self-employed, provide all pages and schedules of the last two years business tax returns and corporate k-1's
• If retired, provide benefits award letter, last two years 1099's, and all pages and schedules of last two years
• If any rental income is received, provide copy of current lease agreement and tax returns showing rental income
• If VA and active duty personnel, copy of Statement of Service Letter and Off Base Housing Authority Letter

ASSETS
• Provide ALL pages of most recent 2 months statements for all accounts; including all checking, savings, stocks, IRA, 401k, etc.
• If funds to close will come from a gift, complete the gift letter as follows:
A. From the donor - bank statements showing the funds in the donor's account and a copy of the check from the donor's account
B. From the borrower - a copy of the deposit slip showing the gift check deposited into your account
• If funds to close will come from sale of a home, copy of HUD-1 from that sale and deposit slip showing proceeds deposited into bank account

CREDIT

• Copy of driver's license and social security card
• Copy of divorce decree
• Copy of bankruptcy papers, including all schedules and discharge, and credit explanation letter for reason of bankruptcy
• If VA, Certificate of Eligibility or copy of DD214 Property
• Hazard Insurance Agent's name, address and phone number
• If refinance, copy of Note and Mortgage coupon

Having these items on hand when you visit the mortgage company will help speed up the application process. Usually a credit report fee and an appraisal fee will have to be paid when you submit the mortgage application. This is only done after you have successfully negotiated on a home and have had your offer accepted by the seller.
After the initial meeting with the mortgage company, you should have an idea if you qualify for the size and type of loan you want. The mortgage company should let you know within a few days if you qualify for the loan. If you are denied a home loan, the mortgage company must explain the reasons. If this happens, the mortgage company will usually discuss any options with you.
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BY SIGNING BELOW, I UNDESTAND THAT THE ABOVE INFORMATION IS REQUIRED TO COMPLETE MY APPLICATION. IF THE INFORMATION IS NOT PROVIDED BY______________, I UNDERSTAND MY ARRPOVAL WILL BE DELAYED.
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BORROWER DATE CO-BORROWER DATE