Home Loan Application Checklist

 

 

-          Current Bank Statements for all checking and savings accounts

 

-          Current Paystubs - must show one full month’s income and YTD income

 

-          Last two years’ W-2 statements

 

-          Complete Sales Contract – must include property legal description & realtor property listing sheet if possible

 

-          Complete Uniform Residential Loan Application & KVSB Supplemental Information Application

 

-          Copy of all borrower’s Drivers Licenses or other picture ID

 

*** If rental or self employed income is to be counted you must provide your last two years complete Federal Tax Returns***

 

 

 FHA Loan Application will also require the following:

 

-          Copy of both borrower’s Social Security Cards

 

 

VA Loan Applications will also require the following:

 

-          Certificates of Eligibility, DD214 or Statement of Service

 

 

Construction Loans will also require the following:

 

-          Plans for house

 

-          Cost breakdown or contract

 

-          Deed, Contract, or HUD-1 for purchase of land

 

-          HOW Warranty Plan if over 90% loan to value

 

 

Refinance Transactions will also require the following:

 

-          Title Insurance or Abstract

 

-          Survey of property

 

-          Homeowners Insurance Policy

 

-     Current mortgage loan statement