The following checklist will facilitate your mortgage loan interview. The checklist includes most of the information that you and any co-borrower will need to supply.
In preparation for your loan interview, review the information below. We suggest you print this worksheet, then check each box after you've gathered the required data.
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Social Security Number/Date of Birth |
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Paycheck
Most recent pay stub that shows year-to-date earnings. |
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W-2 Tax Forms
Original copies sent to you by the Internal Revenue Service for
the past two years. |
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Employer Information
Names, addresses, and telephone numbers of employers for the
past two years |
Account Information Account numbers and current
balances of checking, savings, and any other accounts. |
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Current Assets Individual
Retirement Accounts (IRAs), CDs, stocks, bonds, etc. |
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Personal Property Value of property that can include life insurance,
retirement accounts, cars, etc. |
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Liabilities Auto loans, student loans, credit cards,
and other installment debt -- provide name and address of each
creditor and the monthly payment and total amount due. |
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Current and Previous Addresses If you own a home: Bring the property address, current market value, mortgage lender name, account number, current monthly mortgage payment, and outstanding mortgage balance. |
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Agreement to Purchase A signed copy and any amendments, a copy of the listing form for the property, the legal description of the property, and receipts for or down payment deposits. |
There may be some special situations that require you to supply additional information. These include:
If you are self-employed or work on a
commissioned basis, you should bring your federal tax forms for the past
two years and a current year-to-date profit and loss statement.
If you are separated or divorced, you should bring a copy of
your divorce decree and separation agreement. Also bring documentation on
alimony or child support payments you are required to make or you receive
as income. Proof of this income can be the clerk of court's history of
payments or canceled checks for the past year.
If you include pension, disability, Social Security, or other
public assistance as part of your income, you'll need to bring a copy of
an award certificate or a check from the issuing agency.
If you have a bankruptcy, foreclosure, or any judgments against
you over the past seven years, you'll need to bring relevant information
about the proceedings. Such information includes a copy of the bankruptcy
discharge and schedule of both debts and assets. An attorney's letter
that discusses the outcome of the proceedings should be included if there
are judgments against you.
