Before you request pre-approval with our loan application, it will help tremendously if you gather the following information for all borrowers:

Personal Identification

Full name
Social security number
Birthdate
Years in school (HS = 12, Assoc, = 14, Bachelors = 16, etc.)
Marital status
Ages of dependents

Current Contact Information

Home, work, or cell phone number
Email address
Current home address
Lease expiration date (if renting)
Previous addresses (go back two full years)

Employment Information

Name of employer with address and phone
Current position or job title
Dates employed and years in the same line of work
Gross monthly income (before any deductions)
All of the above to go back two full years
Other income including social security, VA, etc.

Current Housing Expenses

Amount of current rent or mortgage payment
Amount applied to property taxes (monthly or annually)
Amount applied to hazard insurance (monthly or annually)
Amount paid monthly for renter’s insurance (if applicable)
Amount paid monthly for homeowner’s association dues

Refinance Loans Only

Original cost of property
Month and year acquired
Current estimated value
Current mortgage balance
Current interest rate and terms
Prepayment penalty (if any)
Purpose of refinance loan
If cash out, amount needed/desired

Asset Information

Checking accounts (bank name and current balance)
Savings accounts (bank name and current balance)
Investment accounts (company name and current value)
Vested retirement (company name and vested value)
Automobiles (year, make, model, and estimated value)
Life insurance (company name and estimated cash value)
Other assets (description and estimated value)

All Real Estate Owned (if applicable)

Property address
Estimated market value
Current mortgage balance and monthly payment
Current property tax payment and hazard insurance payment
Gross rent and occupancy rate (if investment property)

Current Liabilities (skip if on credit report)

Auto loans (company name and minimum payments)
Credit cards (company name and minimum payments)
Student loans (company name and minimum payments)
Child support or alimony (monthly payment and months left)
All other liabilities (description and minimum payments)

Once you are prepared with the information above, you are ready to complete a loan application to start the pre-approval process.  Apply online or call us to get started now!