What information will be needed for the application (and how it's kept private)

Anything you submit over our website is 100 percent, fully secure. And we never, ever share it
with anyone except by permission -- that is, if you're giving us information you want us to use to
get you the best loan, we use that information to tell mortgage lenders about you and convince
them to loan you money. In turn, those mortgage lenders are bound by federal law to keep your
information secure.

Here is a list of the information mortgage lenders will use to consider your loan application.

For most loans


Social Security Number for borrower and co-borrower (if any)

Employment History
Employment dates and addresses (not required on no income loans)
Salary information (not required on stated or no income loans)
Current pay stubs or W-2 forms (not required on stated or no income loans)

Check and Savings Accounts and Certificates of Deposit(not required on stated or no asset
loans)
Location of bank accounts, account numbers and balances;
Address of bank if out of town
Last 3 months' statements

Stocks, Bonds, and Investment Accounts(not required on stated or no asset loans)
Broker's name and address, description of stocks, bonds, etc.
Last 3 months' statements or copies of stock certificates

Life Insurance Policies(not required on stated or no asset loans)
Insurance company, policy number, face amount, cash value, if any

Retirement Plans(not required on stated or no asset loans)
Approximate vested interest value
Copy of latest statement

Automobiles (not required on stated or no asset loans)
Make and model of automobiles, their resale value

Other Assets (not required on stated or no asset loans)
Market value of personal and household property

Liabilities and Other Non-Mortgage Debt
Creditors names, addresses, account numbers
Monthly payments and balances

Other income information you may need


If you're self-employed
Two years tax returns, profit and loss statements, both company and personal if separate.
Current balance sheet and profit and loss statement if more than two months into the new fiscal
year, signed by CPA.

If you have income from:
Commission
Overtime
Bonus
Partnership
Rental Property
Trust
Notes Receivable
Interest/Dividends
You'll need two years' personal federal tax returns

If employed in family business
Personal federal income tax returns and all schedules for the past two years

If divorced or separated
Complete executed divorce decree and settlement agreement
Payment history of alimony/child support over the past 12 months, if it is a financial obligation.
If you choose to have this be considered as part of your income (you don't have to), be prepared
to provide 12 months canceled checks or bank statements reflecting income deposits.

If you own real estate


Name and address of all mortgage lenders for the past 24 months, account numbers, monthly
payments and balances

If you've sold your home but not closed:
A copy of the sales contract

If you've sold your home, closed, and you will use the proceeds for your new down payment:
A copy of the HUD-1 Uniform Settlement Statement

If you rent

Name, address and phone number of landlords for the past 24 months

If you're buying a home

Purchase sales contract or offer to purchase and all addenda
Furnish contract with original signatures of buyer and seller

If a source of your down payment is a gift:
Name, address and relationship of donor.
Gift funds will be verified in both the donor and recipient's accounts.
Note: Not all loan programs allow gifts to be part of your down payment.

For FHA Financing
Evidence of Social Security Number and photo identification

For VA Financing
DD214 and Certificate of Eligibility

For Construction/Perm Loan
Signed construction with cost breakdown, builder plan and specifications
Charter Lending 6908 Summerbridge Drive Tampa, FL 33634-2255
Phone: (813) 514-4993 Fax: (813) 864-0341 E-mail: Dave@CharterLendingOnline.com
Building wealth throug h the intelligent, strategic use of mortgage financing
Building wealth through the intelligent, strategic use of mortgage financing
Building wealth through the intelligent, strategic use of mortgage financing