What you need to get ready before applying for a mortgage loan – Elizabeth Hanson - Castle and Cooke Mortgage, LLC

Loan Application Checklist

In general, the documentation you will need includes:

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Property Information (if you already have a contract on a house)

Purchase Agreement and addendums.

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, 1099's and tax returns (all pages, all schedules)

Statements to include all pages 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 two years (with all 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.

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“By Referral Only” … a philosophy and a commitment!

… but what does it mean to YOU?

I am 100% committed to providing my clients first-class mortgage service above and beyond their expectations. In turn, if your refer your family, friends and coworkers to me they too will receive the same level of commitment. By choosing to work by referral only, instead of spending the majority of my time seeking new business, I can focus on giving you the specialized service you deserve. It’s a great way to do business…and you’ll appreciate the difference.

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Castle and Cooke Mortgage, LLC 6900 Westcliffe Drive, Suite 800 Las Vegas, NV 89145

Phone: Cell: Fax: