THE ULTIMATE LOAN CHECKLIST

It’s important to be prepared before you start the loan process! That’s why we’ve put together the ultimate loan checklist so you can gather all of the personal and financial information that you’ll need to bring to your Lund Mortgage Team loan officer. Have it ready now and save time later!

The required documents vary depending on loan type. This loan checklist provides details on what is typically required. We recommend providing all of the below information for the past two years:

VERIFICATION OF INCOME

EARNINGS STATEMENTS

W-2 forms, recent pay stubs and tax returns for the past two years.

IF YOU ARE SELF-EMPLOYED

Profit / loss statements and tax returns for current year and previous two years.

ADDITIONAL INCOME

Social security, overtime bonus, commissions, interest income, veteran's benefits or any other additional source of income.

VERIFICATION OF ASSETS

BANK INFORMATION

List of bank account numbers, the address of your bank branch, checking and savings account statements for the previous 2-3 months.

INVESTMENT INFORMATION

List of savings bonds, stocks or investments and their approximate market values.

TITLES

Copies of titles to any motor vehicles that are paid in full.

INFORMATION ABOUT THE PURCHASE

COPY OF THE RATIFIED PURCHASE CONTRACT

COPY OF CANCELLED DEPOSIT CHECK

If you made a deposit to the seller to show that you are serious about buying the house, bring a copy of cancelled deposit check on house.

YOUR DEBTS

CREDIT CARD DEBT

Any credit card bills for the past few billing periods.

OTHER CONSUMER DEBT

Such as car loans, furniture loans, student loans and other personal or cosigned installment loans. Make sure to include all creditor addresses and phone numbers.

EVIDENCE OF MORTGAGE OR RENTAL PAYMENTS

COPIES OF ALIMONY OR CHILD SUPPORT

Having the items listed above will help speed up the application process. However, different lenders may have different requirements, so make sure to ask your Lund Mortgage Team loan officer what to bring to your initial loan interview.