Home Financing Checklist

In assessing your needs and preparing to search for your new home, it is important to determine how much home you can afford and to secure loan pre-approval for that amount.

We’ve tried to make what can be a stressful process as effortless as possible. A Key Mortgage Services, Inc. representative is available to review the range of mortgage products available to help select the right fit for you – and to process all of the necessary paperwork.

In order to make pre-approval quick and painless, we recommend that you have the following information when you meet with your Key Mortgage representative:

  • Current paystubs and W-2’s for the past two years
  • History of employment for the past two years
  • Other income sources
  • Complete information – names, addresses, numbers and balances – regarding the following:
    • Checking accounts
    • Credit unions
    • Retirement accounts – IRA, 401K and Keogh
    • Investment and stock accounts​
    • Monetary gifts
  • Savings accounts
  • Complete information – names, addresses, numbers and balances – regarding the following
    • ​Current mortgages
    • Charge accounts
    • Personal loans
    • Student loans
    • Alimony and child support
  • Auto loans
  • If you are self-employed or a commissioned-employee, you may be required to provide the following as well:
    • Copies of federal tax returns from the past two years
    • Current balance sheet
    • Recent profit & loss statement

Contact us for more information.

Key Mortgage Services, Inc., is an Illinois Residential Mortgage Licensee. NMLS # 155748. 475 N. Martingale Rd, Suite 100, Schaumburg, IL 60178. 847.296.5757.