• Legible sales contract signed by buyers and sellers
• Name and address of landlord(s) for the past two years. (if eligible)
• Proof of all income from the past 24 months. (tax returns, paystubs)
• Previous two years W-2 forms.
• Copy of most recent year-to-date pay stub for all applicants.
• Name, address, account number, monthly payment and current balance for:
• Installment loans (including student loans, auto loans, mortgage loans)
• Revolving charge accounts (home equity, credit cards)
• Proof of all deposit accounts, checking, savings, money market, IRA and brokerage accounts.
• Three months most recent statements for deposit accounts, stocks, bonds, etc.
• If you chose to include income from Child Support/Alimony, copies of court records or cancelled checks showing receipt of payments.

If you are self-employed or paid by commission:

• Previous two years Federal Income Tax Returns with all schedules. Year to date profit and loss statement and balance sheet.
• Corporate tax returns and all schedules.

If you have filed bankruptcy in the last seven years:

• A copy of petition and discharge, handwritten explanation of the reason for bankruptcy, evidence of excellent credit since the bankruptcy.
  

Indiana & Mississippi Licensed Mortgage Company