What you need to get ready before applying for a mortgage loan – Element Funding

Loan Application Checklist

Use this helpful checklist to gather the documentation needed for your home financing:

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

Fully Executed Purchase Agreement - must include all pages of the purchase agreement and all pages of any addendums.

If you have sold your current home, copy of settlement statement (HUD-1).

Income

Pay stubs for the last 30 days.

W-2s for the past 2 years.

All schedules of corporate, partnership and/or personal tax returns for the last 2 years.

If you receive child support or alimony:

	Copy of divorce settlement and final judgment.
	Copy of 6-12 months proof of receipt of alimony and/or child support.

Assets

Statements for all bank, mutual fund, and/or investment accounts for the last 2 months -- including retirement accounts. All pages required.

Bankruptcy

Bankruptcy filed within last seven years (bring a copy of your bankruptcy papers).

VA Loans

Copy of DD Form 214 and your original cerificate of eligibility.

Miscellaneous

Photo ID and Social Security card.

If you are not a citizen, a copy of the front and back of your green card.

At times, additional information is needed, but the list
above is a good start for your loan application!

Element Funding 7000 Central Parkway NE, Suite 1175 Atlanta, Georgia 30328

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