If you haven't already spoken with someone from our team, you may want to give us a call at 256-734-6012, or you can Apply Online anytime, day or night.

 

In general, the documentation you will need includes:

 

Property Information
(if you already have a contract on a house)

 

• Purchase Agreement

• Copy of deed, legal description, or MLS sheet

• If you are selling your current home, copy of listing contract (or Purchase Agreement) 

• If you have sold your current home, copy of settlement statement (HUD-1)
  
   

Income & Assets

 

• Pay stubs for the last 30 days
   

• For the past two years:

  • Names and addresses of each employer

  • W-2s

  • Federal Tax Returns
     

• Statements for each bank (checking/savings), mutual fund, and/or investment account for the last two months
  If you have made any large deposits to your accounts:

  • Explanation and source for deposit

  • If large deposit was a gift: 

    • Signed gift letter (lender can supply)

    • Copy of gift check

    • Copy of deposit receipt
       

• If you own more than 25% of a business:

  • Corporate or partnership tax returns for the last three years 
     

• If self-employed:

  • Tax returns for the last 2 years (with all schedules)

  • Year-to-Date Profit and Loss Statement 
     

• If you own rental property:

  • Tax returns for the last two years and current rental agreements
     

• If you are retired:

  • Pension Award Letter or copy of recent monthly statement
     

• If you receive Social Security:

  • Most recent Social Security Award Letter
     

• If you are counting child support as income:

  • Copy of divorce settlement

  • Copy of twelve months of cancelled child support checks or other valid proof of receipt
     

 

Debts

 

• Names, addresses, account numbers, balances and monthly payments on all current loans

• Explanation of credit report anomalies, including:

  • Late payments, credit inquiries in the last 120 days, charge-offs, collections, judgments and/or liens

  • Bankruptcy filed within last seven years (bring a copy of your bankruptcy papers)

 

 

Miscellaneous

 

• Photo ID and Social Security Card (or other proof of Social Security number)

• Residence addresses for the past two years

• If applicable, a copy of your divorce decree

• If you are not a citizen, a copy of the front and back of your green card

 

• VA Loans

  • Copy of DD Form 214, Report of Separation

  • If National Guard, Form NGB 22

  • VA Certificate of Eligibility
     

• USDA Loans

  • Income & Asset Documents (see list above) for all members of the household ages 18+