Loan App. Checklist

Mortgage and Lending with HomeLoans Inc

Loan App. Checklist
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Category: Goals, Plans, Hopes

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Loan Application Checklist

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In general, the documentation you will need includes:
Check for application fee

Property Information (if you already have a contract on a house)
Purchase Agreement.
Copy of legal description and MLS sheet.
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:
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Names and addresses of each employer.


Statements for each bank, mutual fund, and/or investment account for the last three months.
Estimated value of personal property and furniture.
 If you have made any large deposits to your accounts:
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Explanation and source for deposit.


If large deposit was a gift:
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Signed gift letter (lender can supply).


Copy of gift check.


Copy of deposit receipt.
 If you own more than 25% of a business:
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Corporate or partnership tax returns.
 If self-employed:
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Tax returns for the last three years (with schedules).


Year-to-Date Profit and Loss Statement prepared by an accountant.
 If you own rental property:
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Tax returns for the last two years and current rental agreements.
 If you are retired:
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Pension Award Letter.
 If you receive Social Security:
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Social Security Award Letter.
 If you are counting child support as income:
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Copy of divorce settlement.


Copy of twelve months of cancelled child support checks.


Names, addresses, account numbers, balances and monthly payments on all current loans.
Explanation of credit report anomalies, including:
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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).

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.
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.








HomeLoans Inc. and HLI Mortgage are  family owned businesses headquartered in Canyon Lake California. We also have offices in Rancho Bernardo, Perris California and Northern Michigan. While we offer a vast number of mortgage products to meet the unique needs of our clients, we take pride in giving each client personal service. We recognize the fact that many of our clients are new to the mortgage process and may need additional help getting from start to finish. That is why everyone on the HLI team is committed to being available to our clients.  For more information of our the various products we have and services we offer simply click on the "Products & Services" tab.  If you would like to speak directly to the President of HLI simply call him at: 1 951 712 5070.

HomeLoans Inc. is proud to recommend HomePros Real Estate and Southern California Escrow Inc.  For more information on these fine companies contact me.

HomeLoans Inc 31534 Railroad Canyon Rd CA Dept of Real Estate Broker 01250414 Canyon Lake, CA 92587
Phone: (951) 244-1054 Toll Free Phone: (800) 964-1711 Fax: (951) 244-3525 .. language=javascript> var username = 'hal'; var hostname = ''; document_write('E-mail: E-mail:

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