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Items Needed For A Credit Application

Items that will be needed for a credit application to purchase Pinetop-Lakeside Arizona Real Estate, Show Low Arizona Real Estate, Snowflake Arizona Real Estate, and all other White Mountains Arizona Real Estate.

Employment

  • Address for two full years
  • Gross Monthly Income
  • W-2's for two years
  • Proof of any other source of income such as Retirement, Social Security, Rentals, Investments etc.
  • Proof of Child support or Alimony paid/received
  • If Self Employed:
    * Two years tax returns
    * Current year profit and loss statement

Creditors

  • Each creditor's name, address and type of account
  • Account numbers
  • Monthly payments and approximate balances
  • Amount of child care expenses

Banking

  • Names and address of checking and savings accounts
  • Account numbers for all accounts
  • Type of accounts and present balances

Miscellaneous

  • List of assets in stocks, bonds, land etc.
  • Life Insurance cash value
  • If applicant is selling a home, a copy of sales contract
  • Social Security numbers for all parties
  • Veterans: Certificate of Eligibility & DD-214
  • Cash or check to pay for application fee (usually a credit report and appraisal fee)

REALTORS

  • Copy of sales agreement
  • Copy of listing property
  • Instructions on how appraiser in to gain entrance