Mortgage Information

What information will be needed for the application (and how it's kept private)

Anything you submit over our website is 100 percent, fully secure. We never share it with anyone unless we have your permission. The information you're giving us will be used to determine which loan programs you qualify for and will best meet your needs.

Here is a list of the information that will used to evaluate your loan application. Please note that different loan programs have different requirements. You may need to provide more or less information depending on the loan program selected.

For all loans

Evidence of Social Security Number(s) and photo identification, for borrower and co-borrower

Employment History:
History for the last two years including employer(s) names, employer(s) addresses, employment dates, addresses and salary.
Current pay stub(s) and W-2 form(s).

Checking and savings accounts, certificates of deposits and money market funds:
Name of institution(s), account numbers, balances and the most recent 2 months statements (all pages)

Stocks, Bonds, and Investment Accounts:
Name of institutions, account numbers, balances and the most recent 2 months statements (all pages).

Retirement Plans - IRA's & 401(k)'s:
Name of institution(s), account numbers, balances and the most recent 2 months statememts (all pages)

Automobiles:
Make, model, year and values of automobiles

Other Assets:
Market value of personal and household property

Liabilities and Other Non-Mortgage Debt:
Creditors names, account numbers, balances and monthy payments

Life Insurance Policies:
Insurance company, policy number, face amount, cash value, if any

Other income information you may need

If you're self-employed:
Two years federal tax returns (all pages), profit and loss statements, both company and personal if separate.
Current balance sheet and profit and loss statement if more than two months into the new fiscal year, signed by CPA.

If you have income from:
Commission
Overtime
Bonus
Partnership
Rental Property
Trust
Notes Receivable
Interest/Dividends
You'll need two years' personal federal tax returns (all pages)

If employed in family business:
Personal federal income tax returns (all pages) for the past two years

If divorced or separated:
Complete executed divorce decree and settlement agreement
Payment history of alimony/child support over the past 12 months, if it is a financial obligation.
If you choose to have this be considered as part of your income (you don't have to), be prepared to provide 12 months canceled checks or bank statements reflecting income deposits.

If you own real estate:
Address(s) of properties owned. Names of all mortgage lenders, account numbers, monthly payments, balances and rental income if you have investment properties.

If you've sold your home but not closed:
A copy of the sales contract

If you've sold your home, closed, and you will use the proceeds for your new down payment:
A copy of the HUD-1 Uniform Settlement Statement

If you rent:
Name, address and phone number of landlords for the past 24 months

If you're buying a home
Purchase sales contract or offer to purchase and all addenda
Furnish contract with original signatures of buyer and seller

If a source of your down payment is a gift:
Name, address and relationship of donor.
Gift funds will be verified in both the donor and recipient's accounts.
Note: Not all loan programs allow gifts to be part of your down payment.

For VA Financing:
DD214 and Certificate of Eligibility

For Construction/Perm Loan:
Signed construction with cost breakdown, builder plan and specifications

My direct line is 240.813.0614. So let me hear from you! Remember...it doesn't cost a penny to talk...so call right now and I will answer all your questions.

Alan Gross

Senior Mortgage Consultant

PrimeLending, A PlainsCapital Company
704 Quince Orchard Rd., Suite 230
Gaithersburg, MD 20878

Home Office: 240.813.0614
Email: agross@primelending.com
Web: www.mtg-info.net
Web: www. DCMilitaryVALoans.com
Office: 301.208.0055 (contact Bobbi Fulmer)
NLMS#217388