Loan Application Checklist

In general, the documentation you will need includes:
Check for application fee-always waived with Inlet Mortgage

Property Information (if you already have a contract on a house)
Purchase Agreement.
Copy of checks for any deposits placed on the home
If you are selling your current home, copy of listing contract.
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, addresses, and phone number of each employer. Also est. start and end dates at each job

Statements for each checking/savings/investment/retirement account for the last 2 months, all pages in the statements are necessary
Please do not make cash deposits into your account, if you receive funds that are not payroll related please call so we can advise on proper documentation
  If you have made any large deposits to your accounts:

Explanation and source for deposit, and copies of checks as well as any other documentation available

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 and K1's.
  If self-employed sole proprietor:

Tax returns for the last two years (with schedules).

Year-to-Date Profit and Loss Statement.
  If you currently own real estate:

The most recent mortgage statement
The current Home Owners Insurance bill
Your most recent tax bill
Your most recent HOA Invoice
If a property is leased please provide a copy of the current lease
  If you are retired:

Pension Award Letter for the current year.
  If you receive Social Security/Disability:

Social Security/Disability Award Letter for the current year.
  If you are divorced:

Copy of divorce settlement and final dissolution of marriage.

Copy of twelve months of cancelled child support/alimony checks if applicable


Explanation of credit report anomalies, including:

Late payments, credit inquiries in the last 90 days, charge-offs, collections, judgments and/or liens.

Bankruptcy filed within last seven years (bring a copy of your bankruptcy papers-discharge and creditor schedules).

VA Loans

Copy of DD Form 214, Report of Separation.


Photo ID and proof of Social Security number.
Residence addresses for the past two years with dates at each address.
If you are not a citizen, a copy of the front and back of your green card.