Mortgage Application Checklist 9-2019 - Claremont, NH€¦ · MORTGAGE APPLICATION CHECKLIST This...

MORTGAGEAPPLICATIONCHECKLIST Thischecklistwillassistyouingatheringtherequireddocumentsnecessaryforyourmortgageapplication.Pleaseprovidecopiesofthefollowingdocumentationasapplicablewhensubmittingyourapplication.Pleasenotethatmissingdocumentationwilldelaytheloanprocess. PropertyInformation:

¨ SignedPurchase&SalesAgreement&CopyoftheDepositCheck

¨ CopyofLegalDescriptionfromdeedortitlework(ifapurchaseyourrealtorwillhavethis)

¨ CopyofRealEstateTaxBill(ifapurchaseyourrealtorwillhavethis)¨ CopyofHomeownerInsurancePolicy(declarationpagewithannualInsurancepremium)

IncomeInformation:

¨ Mostrecentpaycheckstubscoveringthelast30days

¨ W-2taxformsforpasttwoyears(ifyourloanprogramrequirestaxreturnstheywillberequested)

¨ RecentyearSocialSecurity/Pensionawardlettersorrecentyear1099taxform

¨ Satisfactoryproofofadditionalsourcesofotherincome(ex.childsupport,alimony,etc)

Self-Employment/RentalIncome:

¨ CopyoflasttwoyearsIncomeTaxReturns*ifownershipinabusinessis25%orgreater

¨ CopyoflasttwoyearsCorporate/PartnershipReturns*ifownershipis25%orgreater

¨ Copyofyear-to-dateProfit&LossStatement *ProvideALLScheduleswithTaxReturns

Construction/RenovationLoans:

¨ Copyofplans,buildingestimates,contracts,permitsandotherpertinentdata

OtherInformation:

¨ CurrentMortgageStatement(s)ifrefinanceloan

¨ Copiesof2monthschecking,savings,retirementandmutualfundstatementsonbankletterhead(requiredonallpurchasesandanyrefinancesrequiringcashtoclose)

¨ Copiesofcreditcard/loanstatementsifpayingofffromproceedsofrefinancedmortgage

¨ Ifrenting:Name,addressandphonenumberoflandlord(s)forpast2years

¨ Closingstatementfromsaleofcurrentresidence-purchaseloanonly

¨ CopyofDivorceDecree

OtherRealEstateOwned:(Ifapplicable)

PropertyAddress PresentMarketValue

MortgageBalance

MonthlyMortgagePrincipalandInterest

MonthlyTaxes&HomeownersInsurance

MonthlyRentalIncome

$ $ $ $ $

$ $ $ $ $

$ $ $ $ $

Itisimportantthatwereceivetheabovelisteddocumentsasquicklyaspossibletoobtainyourloanapproval.CSBwillrequireaprepaidfeeof$535fortheappraisalandfloodcertification,onceyourapplicationisinprocess.

Thankyoufortheopportunitytoassistyouwithyourmortgageneeds.

Applyonlineclaremontsavings.com|Callustollfree800-992-0316