Customer Checklist

I have compiled a list of customary items required for loan approval in the Jacksonville FL area. Please feel free to contact me if you have any questions.

2 most recent monthly bank statements (ALL PAGES) for all your accounts to strengthen your file

Tip- Please ensure that you are showing a positive balance in your accounts each month. Banks like to see that you are a saver and will be still be comfortable should an emergency arise. A cushion of about 3 months of your anticipated PITI (Payment, Interest, Taxes and Insurance) should be sufficient.

For example if you if you anticipate a $800 mortgage then $2400 would be a good amount to have saved.

This amount doesn’t necessarily have to be used in your home purchase

30 days of your most recent payroll check stubs, indicating your year-to-date earnings.

It would be wise to start keeping all paycheck stubs for reference until you close on your home. 

 401k/RETIREMENT STATEMENT FOR THE LAST  MONTHS

Please order your statement now, sometimes it takes a while.

W-2’s for the last 3 years and last 3 years tax returns (ALL PAGES)

Please make sure returns match the information on your loan application. All returns will be verified with the IRS.

IF YOU DON’T HAVE THE TAX RETURNS PLEASE CALL 800-899-1040 DON’T PRESS ANY #’S AFTER A FEW PROMPTS IT WILL PUT YOU TO A LIVE PERSON……….BE PATIENT AND JUST HOLD …THEN REQUEST YOUR “TAXTRANSCRIPTS” FOR THE YRS MISSING.  ASK THEM TO FAX TO YOU DIRECTLY.

 If self-employed - last 3 year tax returns complete, and current profit and loss statement.

Please make sure returns match the information on your loan application. All returns will be verified with the IRS.

 Proof of child support, retirement, Social Security, SSI, AFDC, etc., if applicable.

If you are receiving SSI for yourself you will have to provide proof from your doctor that your condition will remain for at least 3 years. Please be prepared.

Your award letter will also be required. 

Copy of Driver’s license. Please make sure the copy is legible. 

 Divorce decree (if divorced), separation decree, child support decree.

These items must be documented to be counted for income.

Written explanation regarding delinquencies, bankruptcies, and past or present.

Please stay current on ALL accounts. This includes utilities, cable, and cell phones. None of your accounts should show any past dues in the last year to show fiscal responsibility.

If you have any negative accounts please make sure they are paid off before you input your mortgage application.

All judgments should be paid off prior to your submitting your mortgage application.

A check made out for $400 for your application to your lender.  This will fund your required appraisal.

Until you have the approval from your lender please do not enter into any contracts.

I will work closely with your lender to get your approval, denial or request for documentation. It is very important that your lender may request be turned in quickly.

The sooner we can obtain approval the faster we can start shopping!

Please feel free to contact me if you have any questions.