Loan Application Checklist | Mortgagee Clauses

Loan Application Checklist

• If you are self-employed or have bonus and commission or receive pension, social security or rental income, please send all pages of your complete tax returns (1040s) with W-2s and/or 1099s for the past 2 years
• If you are only salary, please just send your W-2s for the past two years tax returns
• If 25% of your income is arrived from partnerships or business ownership, please provide the your business tax returns including all schedules for the past 2 years
• Provide one month's worth of paystubs reflecting a year-to-date figure or provide your four most current paystubs
• Provide all pages for the past two months of statements for any checking or savings accounts you have
• Provide all pages for either the last two months of statements or the most recent quarterly statement for any residual or brokerage accounts you may have (i.e., IRA or 401K)
• If purchasing a home, please provide your purchase contract showing your realtor's name for contact
• Please send the name, address and telephone number of your closing attorney or title company
• List all properties you presently own with the estimated value, mortgage amount and property taxes
• Please send a completed application

If you have any questions while completing your loan application or gathering documents for your application package, please contact one of my assistants, Nancy or Shannan at (732) 914-9539. Thank you for your considering us for your home financing needs.

Mortgagee Clauses

First Mortgagee Clause for Hazard and Flood Insurance:

Please call us at (732) 914-9539.

Second Mortgagee Clause for Hazard and Flood Insurance:

Please call us at (732) 914-9539.