HOME APPLY NOW RATES AND A.P.R. BUYER INFO STAFF PROFILES Loan Application Checklist In general, the documentation you will need includes: Check for application fee Property Information (if you already have a contract on a house) Purchase Agreement. Copy of legal description and MLS sheet. If you are selling your current home, copy of listing contract. If you have sold your current home, copy of settlement statement (HUD-1). Income & Assets Pay stubs for the last 30 days. For the past two years: Names and addresses of each employer. W-2s Statements for each bank, mutual fund, and/or investment account for the last three months. Estimated value of personal property and furniture. If you have made any large deposits to your accounts: Explanation and source for deposit. If large deposit was a gift: Signed gift letter (lender can supply). Copy of gift check. Copy of deposit receipt. If you own more than 25% of a business: Corporate or partnership tax returns. If self-employed: Tax returns for the last three years (with schedules). Year-to-Date Profit and Loss Statement prepared by an accountant. If you own rental property: Tax returns for the last two years and current rental agreements. If you are retired: Pension Award Letter. If you receive Social Security: Social Security Award Letter. If you are counting child support as income: Copy of divorce settlement. Copy of twelve months of cancelled child support checks. Debts Names, addresses, account numbers, balances and monthly payments on all current loans. Explanation of credit report anomalies, including: Late payments, credit inquiries in the last 90 days, charge-offs, collections, judgments and/or liens. Bankruptcy filed within last seven years (bring a copy of your bankruptcy papers). VA Loans Copy of DD Form 214, Report of Separation. Miscellaneous Photo ID and proof of Social Security number. Residence addresses for the past two years. If applicable, a copy of your divorce decree. If you are not a citizen, a copy of the front and back of your green card. "Helping You Position Today, For A Better Tomorrow" Illinois License # MB.0005938 - NMLS License # 208737 An Illinois Residential Mortgage Licensee. Licensed by the Division of Banking - Illinois Dept. of Financial & Professional Regulation - 312-793-3000, 100 W. Randolph. 9th Floor, Chicago, IL 60601. Any information in this site does not constitute a mortgage loan approval. Rates are subject to change without notice. Community Mortgage Corp 600 W. 22nd St, Ste 100 Oak Brook, IL 60523 Phone: 6305345500 Fax: 6305345500 E-mail: rR1Ks/12iRf0UXLalDxI8aLt1JUBHED+1ukSn4P1o/0= Portions Copyright © 2021 Pipeline ROI, LLC Another website by Pipeline ROI. | Admin Login | Terms of Use | Site Map This website uses cookies to ensure you get the best experience on our website Got it