Credit Lines & Home Equity Loans - Application
Instructions and Required Documentation
| 1. |
Complete and sign residential loan
application Form 1003 and attached loan info sheet, credit authorization and
fair lending notice. (Page 4 of the application is a continuation page in case
you need additional space for your assets or liabilities.) If you make a
mistake while filling out the application cross it out, and make a change. Do
NOT use white out. |
| 2. |
If you are salaried: provide two
years W-2 and one month of paystubs
OR if you are
self-employed: provide two years tax returns and a YTD profit and loss
statement. |
| 3. |
If you own rental property, provide rental
agreements and two years tax returns. |
| 4. |
Provide a copy of the note on your first
mortgage. This will normally be found in your closing loan documents. |
| 5. |
Provide a signed letter explaining what you
plan to do with the proceeds. |
| 6. |
Provide a copy of divorce decree, if
applicable. |
| 7. |
If you are NOT a US citizen: provide a copy
of your green card (front & back),
OR if you are NOT a permanent
resident, provide your H-1 or L-1 visa. |
| 8. |
Send
your application and documents to Americana Mortgage Group. |
