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Home Mortgage Qualifications

Be prepared to provide the follwoing information to you Mortgage Loan Officer during your first meeting.

Personal Information:  
 
  • Name, social security number, and date of birth
  • Present address and telephone number
  • Number of years at currentl residence
  • Name and address of your present mortage company of landlord
  • Amount of monthly mortgage or rent payment
  • Previous years’ W-2 forms
  • Pay stub from the last 30 days
  • Most recent two months’ bank statements


Employment Information:
 
  • Name, address, and telephone number of employeer or employeers
  • Position or title
  • Length of employment
  • Salary, commision, bonuses, and overtime pay


Self Employment Information:
 
  • Year to date profit and loss statemnet and balance sheet
  • Lat two years of signed Federal Tax Returns


Other Information:
 
  • Source of other income, such as retirement or rental income
  • Name, address, and account numbers for banks where you have a checking or savings account
  • Name, address, and account numbers for brokers where you have account numbers
  • Estimated value of stocks and bonds
  • Face and cash value of life insurance policies
  • Year, make, and estimated value of any vehicles
  • Name, address, account number, monthly payment, and present balance for installment loans or credit cards
  • Alimony or child support payments
  • Mortgage history (if you are selling a current home)
  • Name and address of attorney handling your home purchase
  • Application deposit fee check for credit report, appraisal, and flood certification
  • Copy of contract, if you are purchasing a home
  • Description and location of the property, which will secure repayment of the loan

 

Find a Mortgage Loan Officer in your area.

Home Mortgage Calculators


For more information on Home Mortgage Options, click here to send us your questions, or contact us at 1-888-993-8754.

 
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