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Arizona Mortgage Application Checklist

  • Fully completed and signed Residential Loan Application
  • Current paycheck stubs covering the most recent 30-day period.
  • W-2's or 1099's and tax returns for the past two years.
  • If you are self-employed, receive commission or have rental property:  two years' tax returns with all schedules.
  • Child support or alimony income:  Divorce decrss identifying payer, amount and evidence of continuance for a minimum of three years.  Provide evidence of receipt for most recent 12 months (i.e. cancelled checks or payment history from the court).
  • Bank statements (all pages) for the most recent two month period for each account including: checking, saving, IRA's, 401K's, certificates of deposit, money market funds, and stock holdings.
  • Provide name, address and telephone number for landlord(s) for the most recent 24 month period.
  • Proceeds from real estate sold and closed:  Provide copy of HUD-1 statement.
  • Proceeds from pending real estate sale:  Provide copy of listing agreement or contract with estimate of net proceeds to be used for new purchase.
  • If obligated to pay child support or alimony, provide divorce decrees identifying amount of obligation.
  • Previous bankruptcy:  Provide copies of petition and bankruptcy schedule, along with bankruptcy discharge and explanation regarding circumstances leading to bankruptcy.
  • VA loans only:  DD214 and Certificate of Eligibility.
  • Purchase Contract, if applicable.
  • Additional Documentation if required.

 

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