Loan Application Checklist

• Copy of accepted earnest money contract.
• Copy of Social Security card and picture indentification such as Texas driver's license or military identification (if married, copies for both spouses).
• Residence addresses for the past two years with the landlords' addresses, if applicable.
• Last two years' W-2 and 1099 forms.
• Last pay stub(s) showing gross monthly salary and all deductions for a full month.
• If commissions or bonuses equal 25 percent or more of total income, last two years' tax returns, complete with all schedules.
• If self-employed (own 25 percent or more of business), last two years' personal and business tax returns, complete with all schedules, and current year-to-date profit and loss statements and balance sheets for each business entity.
• Names, addresses, account numbers and balances of all checking and savings accounts.
• Last three statements on all checking, savings, investments, securities, retirement and other accounts.
• Name, addresses, account numbers, balances and monthly payments on all open charge accounts.
• Estimated value of all furniture, clothing, jewelry and other personal property.
• Face value of life insurance, retirement accounts, profit sharing accounts and cash values.
• If selling current home, listing agreement and contract, if available, to show equity.
• If recently sold home, copy of HUD statement.
• Current mortgage: If mortgage is held by individual or institution that does not report a 12-month history to the credit bureau, copies of front and back of checks drawn on the purchaser's bank by the mortgage company.
• Current rent: Name, address and phone number of landlord or copy of both sides of previous 12 canceled checks.
• If automobile is less than four years old and is free and clear of liens, copy of title.
• Address, present value, amount of mortgage and payment on all real estate owned. If rental property, copy of current lease and copy of rental check for most recent month.
• If real property is owned free and clear, a copy of general warranty deed.
Copy of any divorce decrees, if applicable.
• Money for appraisal and credit report.