Items Needed for a loan application in Arizona

Items Needed for the Loan Application

• Income (including overtime and bonuses, if applicable--one full months paystubs for all borrowers) & Last Two years of W2's
• If self employed, last 2 years tax returns and a current Profit and Loss statement.  Copy of business license, yellow page ad or website.
• Debts (to include minimum monthly payments on these debts)
• Employment history (for a minimum of 24 months)
• The source of your down payment and closing costs
• Copy of current statement of retirement accounts
• Current rent (to include name, address and phone of your landlord)
• Checking and savings account information (preferably the past three months statements on all accounts-ALL PAGES)
• Explanation of any derogatory credit and credit inquiries for the last 6 months.
• Any bankruptcy history
• Any legal actions you are involved in
• Citizenship status (driver's license, social security card, work visas, passport, etc.) must conform with the Patriot Act
• Alimony and/or child support obligations (to include the divorce decree(s))
• Foreclosure history
• Value of stocks and bonds and current statement
• Value of life insurance
• Value of automobiles owned
• Value of other major assets