Mortgage Basics: Information for First Time Home Buyers

Mortgage Loan Application Checklist

Please have the following information available for yourself and co-applicant (if applicable) when completing your application:

• Gross Monthly Income from employment
• Other Income (May include alimony, child support or separate maintenance if you wish to disclose that income.)
• Previous address if less than 2 years at current address
• Employer Information - name, mailing address, and phone number
• Property Information including:
  Complete Address of Property (for purchase or refinance)
  How many years/months occupied? (for refinance)
  Occupancy Type: Primary, Rental, or 2nd/Vacation Home
  Purchase Price of Home
  Estimated Property Value (for refinance)
  Mortgage Payment including tax and insurance (for refinance)
  Amount of Mortgage and Liens
• The loan amount requested

• Your tax returns and schedules for the last two years including federal W-2s and 1099 forms that accompanied them.
• Your most current pay stubs within the last 30 days
• Bank and brokerage-account statements for the past three months
• IRA / 401(k) statements for the past three months