Mortgage Application Checklist

Here is a list of information and documents you will need when you apply for a home loan:

• Copy of the Purchase and Sale Agreement
• Your present mortgage information (or 12 months rental history)
• Two years history of employment and verification of all income sources.
• If self-employed, copies of past two years income tax return and year to date profit and loss
• Two months checking, savings and investment account information verifying your liquid assets
• Name, account number and outstanding balance of each of your debts
• Information regarding any other income to be used
• Information regarding any other assets that will be used as funds to close
• If you’re applying for a VA loan, you need a Certificate of Eligibility or DD-214 form
• If you are a relocating employee, include relocation information
• Two pieces of ID, such as your driver’s license or passport and social security card

In today's fast-paced real estate market, having these documents ready may speed the processing of your loan.