This is the official blog of TK2 Associates, LLC Real Estate Services....powered by John L. Scott Real Estate. Keith Zeiler & Tim Andrews write about numerous topics related to real estate & our real estate experiences as agents & investors based in Issaquah, Washington.

Wednesday, November 22, 2006

Your Mortgage Application Checklist

The following are some items you should have with you when applying for a mortgage:

  1. Copy of your Purchase & Sale Agreement.
  2. Your present mortgage information.
  3. Two-year history of employment and verification of all income sources.
  4. If self-employed, copies of past two years Federal Income Tax Returns.
  5. Information about your checking, savings and credit card accounts.
  6. Name, account number and outstanding balance of each of your debts.
  7. Application deposits.
  8. Information about any assets, including information regarding any other assets that will be used as funds to close.
  9. If FHA - Copy of Social Security card and photo ID.
  10. If VA - Certificate of Eligibility or DD214If Employee Relocation Client.
  11. Include relocation information and copy of offer, promissory note and copy of check on bridge loan.

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