Items Needed For A Credit Application

Items Needed For A Credit Application
Employment
Addresses for two full years
Gross monthly income
W-2’s, if applicable
Proof of pensions, retirement, disability or Social Security
Proof of income from rentals, investments, etc.
Proof of child support or alimony paid/received
Year to date pay stub
If Self-employed:
Two years 1040 Tax Returns
Current year profit and loss statement
Creditors
Each creditor’s name, address, type of account and address
Account numbers
Monthly payments and approximate balances
Amount of child-care expenses
Banking
Names and addresses of saving institutions

Account numbers for all accounts

Type of accounts and present balances

Miscellaneous

List of assets in stocks, bonds, land

Life insurance cash value (documented if used as cash down payment)

If applicant is selling a home, a copy of sales contract(s)

Social Security numbers for all parties

Veterans - Certificate of Eligibility & DD-214

Cash or check to pay for application fee

REALTORS®
Copy of sales agreement
Copy of listing on property
Instructions on how appraiser is to gain entrance