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BANKERS FINANCIAL GROUP - "We Speak Your Language"
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LOAN INTERVIEW CHECKLIST
The following checklist will help to guide you through the loan interview process. The checklist includes most of the information that you, and any co-borrower, will need to supply. You may want to contact your Loan Consultant before the interview to insure that no additional information is necessary. We recommend that you print this worksheet and then check each box after you've gathered the required data.
Pay Stubs
Most recent 30 days pay stub reflecting year-to-date earnings
W-2 Tax Forms
Employer Information
Names, addresses and telephone numbers of employers for the past two years.
Bank Statements
The most recent two months statements reflecting account numbers and current balances of checking, savings and any other accounts.
Credit Information
Provide the name, address, monthly payment and outstanding balance for each creditor. (This information may be provided on the credit report)
Mortgage and Rental Information
If you own a home: Bring the property address, current market value, mortgage lender name, account number, current monthly mortgage payment, and outstanding mortgage balance
If you are renting: Bring the property address, name, address and phone number of the landlord, current monthly rent, and previous address/landlords if you've lived in your address for less than two years.
Purchase Agreement
A singed copy of the sales contract, addendums, and evidence of any deposits paid.
There may be some special situations that require you to supply additional information.
These include:
- If you are self-employed or work on a commissioned basis, you should bring your federal tax forms for the past two years and a current year-to-date profit and loss statement.
- If you are separated or divorced, you should bring a copy of your divorce decree and separation agreement. Also bring documentation supporting any alimony or child support payments you are required to make or you receive as income. Proof of this income can be the clerk of the court's history of payments or cancelled checks for the past 12 months.
- If you include pension, disability, Social Security, or other public assistance as part of your income, you'll need to bring a copy of an award certificate and a check from the issuing agency.
If you have a bankruptcy, foreclosure, or any judgments against you over the past seven years, you'll need to bring relevant information about the proceedings.
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