Application Checklist-Home Equity Loan

To expedite the processing of your home equity loan, please provide the items listed below: COMPLETE THE APPLICATION thoroughly using the documents and/or information shown below. Name(s) should be listed in same order as credit union account. Failure to do so may result in processing delays. List of all names, addresses and account numbers for all financial institutions and/or creditors. Signed authorization forms enclosed in the SRPCU loan packet. Copy of the existing deed. (Deed of Trust or Warranty Deed) Copy of the front page of homeowner's insurance policy, showing name of agent, phone number and annual premium. Copy of the front page of the flood insurance policy, showing name of agent, phone number and annual premium. (if applicable) Verification of all income you wish us to consider for loan qualification, i.e., copies of Social Security award letters, pension, etc. Verification of amount of yearly property taxes (Residential Notice of Value) Most recent W-2 forms for the last two years on each applicant. One full month most recent pay statements (paycheck stubs) on each applicant. Statements for any loans you want paid off with this loan. If you and your spouse have any income for self-employment or if you and/or your spouse own any other property, most current rental/lease agreement. If you and your spouse have any income for self-employment or if you and/or your spouse own any other property, your personal or business income tax returns 1040's including all schedules for the past two years. If you and your spouse have any income for self-employment or if you and/or your spouse own any other property, a year-to-date Profit and Loss Statement (if Schedule C Business) If Partnership of S-Corporation, two years's complete 1065's, 1120's, K-1's and year-to-date Profit and Loss Statement.