The loan
application checklist
After you have contacted First Choice of Maine and you want to apply for a
loan, it’s best to start putting together the following information.
The information listed below is necessary to go further in the loan
process.
 |
Last
2 year’s W-2 form or last 2 year’s Federal Tax Returns
(1040), including all schedules |
|
2 most
recent pay stubs |
|
A copy
of your most recent tax bill (may be provided by the town office) |
|
A copy
of your deed |
|
A copy
of your home owners insurance policy |
If
you are self-employed:
|
Last
2 year’s professionally prepared Federal Tax Returns (1040),
including all schedules |
|
Last 2
month’s bank statements |
|
A copy
of your most recent tax bill (may be provided by the town office) |
|
A copy
of your deed |
|
A copy
of your home owners insurance policy |
Depending on
your individual situation, you may be required to submit some additional
information.
|
If you own other real estate, provide lease/rental agreement
if applicable, and copies of property tax and insurance bills. |
|
If you
receive alimony or child support, provide a copy of divorce
decree and evidence of receipt of income for 12 months (i.e.
canceled checks or bank statements) |
|
If you
pay alimony or child support, provide a copy of your divorce
decree. |
|
If you
have had a bankruptcy in the last seven years, provide a copy
of your bankruptcy discharge. |
That’s
it. By providing the above information, you will help move the loan
process ahead.
* Other information maybe required lender.
|
