When applying for a home loan, certain information will be asked of you by all mortgage lenders. Being prepared with this information will help streamline the application process and get you one step closer to your new home. Below, we outline the key details you'll need to provide. And don't worry—if you have any questions, reach out to us at Blink as one of our Senior Loan Officers and Mortgage Specialists wolid love to get you the answers you need.
Personal information
- Flil legal name
- Date of Birth
- Marital status
- Number of dependents
1.
Employment Information
- Employer's name and address
- Job title
- Length of employment
- Monthly income
- Previous employment details (if current employment is less than two years)
2.
Income Information
- Gross monthly income
- Additional income sources (bonuses, overtime, alimony, child support, etc.)
3.
Asset Information
- Bank accounts (checking and savings)
- Investments (stocks, bonds, mutal funds, retirement accounts)
- Real estate owned
- Other assets (vehicles, valuable personal property)
4.
Liability Information
- Current debts (credit cards, student loans, auto loans)
- Monthly payments and outstanding balances
- Alimony or child support obligations
5.
Loan and Property Details
- Loan amount requested
- Property Address
- Purpose of the loan (purchase, refinance, etc.)
- Property Type (single-family home, condo, etc.)
6.
Declarations
- Questions about past financial difficulties (bankruptcies, forclosures)
- Legal judgments
- Ownership interests in other properties
7.
Acknowledgments and Agreements
- Authorization for credit check
- Agreement to terms and conditions
8.
Demographic Information
- Optional section for providing information on race, ethnicity, and sex
9.
