Loan Application Checklist

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

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Purchase Agreement.

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Copy of legal description and MLS sheet.

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If you are selling your current home, copy of listing contract.

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

Income & Assets

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Pay stubs for the last 30 days.

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For the past two years:

•	Names and addresses of each employer.
•	W-2s

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

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Estimated value of personal property and furniture.

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If you have made any large deposits to your accounts:

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Explanation and source for deposit.

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If large deposit was a gift:

•	Signed gift letter (lender can supply).
•	Copy of gift check.
•	Copy of deposit receipt.

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If you own more than 25% of a business:

•	Corporate or partnership tax returns.

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If self-employed:

•	Tax returns for the last three years (with schedules).
•	Year-to-Date Profit and Loss Statement prepared by an accountant.

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If you own rental property:

•	Tax returns for the last two years and current rental agreements.

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If you are retired:

•	Pension Award Letter.

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If you receive Social Security:

•	Social Security Award Letter.

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If you are counting child support as income:

•	Copy of divorce settlement.
•	Copy of twelve months of cancelled child support checks.

Debts

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Names, addresses, account numbers, balances and monthly payments on all current loans.

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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).

VA Loans

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Copy of DD Form 214, Report of Separation.

Miscellaneous

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Photo ID and proof of Social Security number.

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Residence addresses for the past two years.

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If applicable, a copy of your divorce decree.

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

Paramount Mortgage Company: Missouri NMLS ID: 67856 • 347 N. Lindbergh Blvd., St. Louis, MO 63141 • Phone: (314) 372-4300 • Toll-Free: (800) 735-5957 • Fax: (314) 372-4399 Branch Offices – Florida: Florida NMLS ID: 67856 • 4511 North Himes Ave., Suite 200, Tampa, FL 33614 • (813) 449-4260 • Fax: (888) 258-0619 California: California ID: 41310735850 • Canoga Ave, Suite 400, Woodland Hills, CA 91364 • Phone: 818-710-7165 PMC Mortgage Washington: Washington ID: CL-67856 • 14205 SE 36th Street, Suite 100, Bellevue, WA 98006 • Phone: (425) 637-0700 • Fax: (425) 671-5488 PMC Mortgage Idaho: Idaho ID: MBL-7528 • 1875 N. Lakewood Dr., Suite 102, Coeur d'Alene, ID 83814 • Phone: (208) 765-5626 • Fax: (208) 667-2766 State Licences: Texas: SML 50448 • Illinois: MB 0006371