Dar Walden
(907) 865-6404 Office
(907) 240-2804 Cell
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A "Get Ready" Checklist
Good to know information when you are about apply for a home loan. Having this information handy will speed up the entire process. Use the list below to help you organize your paperwork.

  • Agreement or Contract of Sale
    • Signed by all parties, if applicable
  • Employment History
    • Name, address and phone number for all of your employers in the past two years, including dates of employment
    • Your social security number
    • Your co-borrower's social security number, if applicable
    • If you were in the military in the past two years, a copy of your DD Form 214
  • Income Information
    • W-2 forms for the year immediately preceding your application date and your most recent pay stub
  • Bank Statements for the Past Month (To show your source for down payment and closing costs)
    • Checking accounts
    • Savings accounts
    • Savings certificates
  • Credit Information
    • Names, addresses and account numbers for all creditors (charge cards, auto loans, student loans, etc.)
    • Estimated present balance and monthly payment for each director
    • If no current accounts, show the same information for previous accounts
  • Real Estate You Own Currently
    • Copy of mortgage payment coupon for each property you own, including your current property, if applicable
    • Mailing address (not a P.O. Box) for each mortgage holder
  • Application Fee
    • Your loan officer will let you know the amount in advance (This may vary by state)
SPECIAL SITUATIONS

  • If You're Self-employed
    • Profit and loss statements for the past two years
    • Balance sheets for the past two years
    • Personal and business tax returns for the past two years
    • The information above, signed and dated by you and your accountant
    • Copies of your 1040 forms with Schedule C for the past two yers
  • If You're Employed by a Relative
    • 1040 forms for the past two years
  • If You Receive Rental Income
    • 1040 forms for the past two years
    • Copies of all lease agreements
  • If You Receive Social Security Payments, Retirement Pay, Welfare or Disability Income
    • Verification, such as an award letter or copy of the latest check
  • If You Were Out of Work At Any Time During the Last Two Years
    • A statement explaining the reasons for the gap and showing the dates
    • If you were a full-time student, a copy of your school transcript covering that period
  • If You Own U.S. Savings Bonds
    • A list of serial numbers and the face value of each bond of you plan to list them as assetts
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