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Mortgage Application
What
documentation needs to be submitted with my Mortgage Loan Application?
- A check for
the detailed credit report (if borrowers are unmarried, there is a fee for
each borrower. Fee is quoted by mortgage lending staff).
- A
check for the Uniform Residential Appraisal report. (Fee is quoted by
mortgage lending staff.)
- The names of all creditors, addresses, account numbers, balances and monthly
installments.
- List
of all assets. (document pertinent information)
- Current
bank statements reflecting history of savings and checking for previous three
months.
- Last
two paycheck stubs.
- W-2's
for previous two year period.
- Current
signed lease agreements showing rental income.
- For
self employed applicants: signed and dated tax returns for previous two
year period and current profit and loss statement. (All schedules must be
included.)
- Documentation
to support all income reported on the mortgage loan application.
If applicable:
- A
copy of the sales contract
- A
copy of the warranty deed
- A
copy of the deed of trust
- A
copy of the current homeowners policy
- Name
and address of current mortgage company and a breakdown of the mortgage
payment (P & I, tax amount(s) and hazard insurance.)
- If
renting, name, address and phone number of current landlord.
- If
child support is to be considered for loan approval, include the number of
years you have received it, the number of years left to be received and the
documentation of the amount for the previous two year period.
Note:
It is imperative that you complete the mortgage loan application in its
entirety.
To apply, fill
out a printable application
(pdf format, requires Adobe Acrobat Reader). You may also
request
one to be sent by mail. You may fax, send or drop it by your
nearest
branch. Or call a MATCU loan representative at
(901) 385-5210
or
(800) 532-9025.
Download Application
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