LOAN APPLICATION INFORMATION

Personal Data

• Name & Social Security Number
• Spouse’s Name & Social Security Number
• No. of Children and ages
• Current address (if less than 2 years at this address, have prior address to cover 2 year period).
• Home Phone, Work Phone and Spouse’s Work Phone
• If recently divorced, must have copy of divorce decree.

Employment Information

• Employer*(must cover 3 year period)
• Employer Address
• Length of Employment and Person to Contact for Verification
• Spouse’s Employer & Address, Length of Employment and Verification Contact
• Gross Monthly Income
• Other Income (Bonus, Commissions, etc.)
• If self-employed, you must have recent Profit and Loss Statement, Balance Sheet, and last 3 years income tax returns.
• 2 Years Income Tax Returns**
  
  *May need additional employer information to show related experience in related line of work.
  **For Bond or Housing Fund Programs, 3 years of tax returns are required.
  
   

Asset Information

1. Checking, savings and credit union accounts
2. Institution name, address, current balance, account numbers.
3. Listing of stocks, bonds, mutual funds, etc. and current values.
4. Earnest money – amount and to whom paid.
5. Travel and back pay due.
6. Face and cash value of life insurance.
7. Year and make of campers, boats, etc.
8. Approximate value of furniture and household goods.
9. U. S. Savings bonds.
10. Income tax return due
11. Year and make of vehicles.
12. Other assets and approximate value (coin, stamp collections, etc.)
13. Gift letter where applicable.

Real Estate Owned

• Property address & Current market value
• Mortgage Balance, lender name and address
• Gross monthly rental income and copy of leases.

Debts

• Names, addresses, account numbers, balances, monthly payments (e.g., Visa, Master Card, automobile’s etc.)
• Previous credit references – names, addresses, account numbers.

If you have already made an offer to purchase a home, take a clearly legible copy of the signed contract at time of application.