LOAN APPLICATION CHECKLIST

There’s no reason that applying for a loan needs to be stressful or confusing. The process is smoother when you’re prepared. That’s why we’ve created the following checklist of items you’ll need in order to submit a complete loan application or pre-qualification. You may be asked to provide the following documents:

• Unexpired government-issued ID
• W-2s for last two years and one month of pay stubs
• Self-employed applicants will need tax returns for the past two years, including all schedules, financial statements, and a year-to-date profit and loss statement
• Residence address for the past two years
• Name, address, account number, balance and payments of all open loans and credit cards
• All checking and savings account statements for the past two months
• If you have rental income, two years of tax returns
• Addresses of other real estate owned, along with tax and insurance costs
• Name, address and phone of your homeowners insurance agent
• Signed purchase agreement, including addendum for loan application
• Blueprints, building specifications and cost sheets for construction loan applications
• Application fee, payable to Main Street Bank. This fee will be deducted from closing costs. (There is no fee for pre-qualifications.)

Ready to get started? Contact our lending team, stop by one of the Main Street Bank branches, or apply online for a loan or to get pre-qualified.