1. Provide all required documentation requested. Any missing documents may cause a delay. To apply you typically need:

• Pay stubs covering most recent thirty days.
• W-2 statements covering the past two years.
• Bank statements covering the most recent three months.
• 401K, IRA, or Mutual Fund accounts showing most recent transaction summary.
• Stocks or certificates of deposit (copies).
• Purchase and sales agreement (copy).
• 12 months cancelled rent checks or the name and address of your current landlord (if applicable).
• Fully executed divorce decree (if applicable).
• Deed, hazard insurance policy, and most recent tax bill if you are going to refinance (copies).
• A letter of explanation for any known credit problems or fluctuations in income.

2. If you are self employed, paid by commission, or own real estate used for rental purposes you will need:

• Two years signed personal federal income tax returns including all schedules.
• If self-employed through a corporation, please provide the last two years corporate returns as well as a year to date profit and loss statement and a balance sheet.

3. If additional information or documentation is requested please provide it immediately.

4. Read all disclosures carefully and ask questions if you need clarifications. It is best to communicate all requests and clarifications in writing early in the loan process.

5. Be certain the income you report on your application is the same income reported on your tax documents.

6. Make your loan officer aware of any past credit problems.

7. Review your credit report carefully to verify the accuracy.

8. When it comes time to sign your closing documents be sure to sign your name as it is printed. (for example, it may be necessary to sign with your middle name or middle initial)