First Stop Funding
Mortgage Application Checklist

The following items maybe necessary to get started on your loan, depending on your documentation type:

Check for appraisal fee

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

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 (maybe)

Statements for each bank, mutual fund, and/or investment account for the last two months.

Estimated value of personal property and furniture.

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. (maybe)

If self-employed:

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

If you own rental property:

Tax returns for the last two years and current rental agreements. (maybe)

If you are retired:

Pension Award Letter.

If you receive Social Security:

Social Security Award Letter.

If you are counting child support as income:

Copy of court ordered divorce settlement.

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 90 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 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.

Please contact us with any questions you may have, Toll Free at 1-877-932-0011