Mortgage Information

For most people, buying a home will be the largest financial investment they ever make.  It is important to know your available financing options and get accurate financial advice from someone you can trust.

In my 25+ years of experience, I have developed a strong network of mortgage experts in the Fostoria, Findlay and surrounding areas.  Contact me today for a list of reliable mortgage experts in your area.

When You Go to the Bank

Below is list of documents your lender will be looking for when you fill out your mortgage loan application  Download PDF version:  Mortgage Application Checklist (fully download PDF to view).

**Please note some of the items listed below may not be applicable in your situation.  Please feel free to contact your loan officer with any questions you may have.

Purchase Agreement
  • Purchase Agreement — (Sales contract) with all signatures. Should include a legal description from the survey, deed or title work.
Employment
  • Employer Info — Name of company, address and personnel director for all employers for last two years.
  • Pay Stubs — Most recent month’s stubs.  Must be typed or computer-generated and include your name, Social Security number, year-to-date earnings and employer’s name.
  • W-2 Forms — From all employers for last two years.
  • Signed Federal Tax Returns — If self-employed or paid on commission, bonus, or interest income (last two years).
Other Income

Alimony, child support, or separate maintenance income need not be revealed if you do not wish to have it considered as a basis for repaying your loan.

  • Pension, Disability, and Social Security — Current letters from source stating amount received and last two years’ 1099s.
  • Support — Copy of divorce decree or separation agreement, property settlement, and proof of child support.
  • Rental Income — Copies of leases and last two years’ tax returns.
Assets
  • Bank Statements — Last two months’ statements from each bank where you have an account.
  • Other Assets — Full descriptions of all other assets (i.e. IRA’s, 401k’s, profit sharing).
Liabilities
  • List of all creditors — Addresses, account numbers, monthly payments, and outstanding balances.
History
  • Landlord Address — Addresses along with rent receipts or cancelled checks for the past two years.
  • Current Mortgage Payments — Cancelled checks for the last twelve months; or last year-end statement plus cancelled checks for elapsed months since statement was issued.
  • Bankruptcy (if applicable) — Legible copies with status and explanation.
  • Explanation Letter (if applicable) — Letter explaining any late payments, judgements, liens, bankruptcy, or foreclosures.
FHA/VA
  • Picture ID with Social Security number.
VA Only
  • DD-214, certificate of eligibility, or statement from your Commanding Officer if you are on active duty.

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