Application Checklist

Thank you for your application with METROPOLITAN HOME LOANS. We would like to make the loan process as simple as possible. Please consult with your Financial Advisor to gather the necessary documents below. We realize the length of this list, please keep in mind that all items will not apply to your specific circumstance. Metropolitan Home Loans has many programs available with full documentation, limited or no documentation. Please discuss your alternatives with your financial advisor.

DOC CHECKLIST

ALL BORROWERS

__ HOMEOWNERS INSURANCE DEC PAGE-HAZARD AND FLOOD
__ MOST RECENT MORTGAGE STATEMENT FOR ALL MORTGAGES
__ PROPERTY APPRAISAL
__ COPY OF DRIVERS LICENSE
__ SIGNED GOOD FAITH AND TRUTH IN LENDING
__ PRIOR PROPERTY SURVEY
__ HOME OWNERS ASSOCIATION INFO

SALARIED BORROWER

__ALL 2007 W2'S
__ALL 2006 W2'S
__2 MOST RECENT PAYSTUBS
__ 2 YEAR EMPLOYMENT HISTORY

BUSINESS OWNER

__ LAST 2 YEARS PERSONAL TAX RETURNS
__ LAST 2 YEARS BUSINESS TAX RETURNS ( 1120 OR S CORP)
__ BUSINESS LICENSE FOR 2-3 YEARS

RENTAL INCOME

__ RENTAL AGREEMENT
__ LAST 2 YEARS PERSONAL TAX RETURN

PURCHASE TRANSACTION

__ SALES CONTRACT
__ LAST 3 MONTHS BANK STATEMENTS
__ ASSET ACCOUNT STATEMENTS ( STOCKS, BONDS, RETIREMENT ACCOUNTS)

MISCELLANEOUS DOCUMENTS MAY BE NECESSARY

__ BANKRUPTCY SCHEDULES
__ LAST PROPERTY TAX BILL
__ CPA LETTER
__ DIVORCE DECREE
__ CHILD SUPPORT ORDER
__ SOCIAL SECURITY AWARD LETTER
__ 1099 INCOME