The following information is required to complete your loan application:

If Purchasing a Home or applying for a First Mortgage:

• Copy of the SIGNED SALES CONTRACT (plus any addendum's if applicable).
• Copy of cancelled check for EARNEST DEPOSIT (when available).
• Copy of the LEGAL DESCRIPTION or Realtor Multiple Listing Agreement.
• A Check/Draft for payment of Application Fee ($345.00) Credited at closing

If applying for a Refinance:

• Copy of Original Title Work and Mortgage Survey (if available).
• Copy of the property tax bills for the last 12 months.
• Copy of homeowners insurance declaration page.
• A Check/Draft for payment of Application Fee ($345.00) Credited at closing

Income information needed:

• Original Pay stubs for each borrower, showing year-to-date information, for the last 30 day time period.
  Original Carbon Copies of W-2 forms for each borrower, for the past year.
• If Self-Employed or Commission Income is shown, include copies of:
  • Last two years Federal Tax Returns with original signatures and all schedules.
  • Year-to-date profit/loss statement.
• Copies of any Award Letters for social security, disability, and retirement income.

Information about Credit History and Financial Condition:

• List of current creditors (installment and revolving): account numbers, monthly payments and balances, including anycredit card accts. Docket or File Number if you are paying child support.
• Original Statements for each Checking, Savings and Deposit Account (including allRecently closed), for the last sixty day period, showing name and address of institutions.
• Copies of last Stock/Bond, Retirement and/or Employee Saving Statements.

Other Documents You'll Need If........

• You are divorced or separated and receive alimony, child support or separate maintenance income:
  • Copy of the signed Divorce Decree, or Separation Agreement.
• Improvements are to be made to the property:
  • Copies of the Estimates and Plans.
• You are Applying for a Permanent Construction Loan:
  • Copy of the Plans and Specifications
  • Building Contract
  • Sworn Statement
  • Lien Waivers
• You have past Delinquent Obligations or a Bankruptcy:
  • Explanation letter for delinquent accounts and/or bankruptcy.
  • Copy of the Recorded Discharge Papers and Payment schedule.

Copyright © 2001, CUMC Mortgage Company
555 Crosstown Parkway Suite 401, Kalamazoo, MI 49008
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