In order for First Heritage Federal Credit Union to ensure the timely closing of your loan, please provide the following items within 5 business days of completing your application:
General Information
The following information is usually required during the loan process:
- Your Social Security Number
- Current pay stubs – provide two most recent dated within the last 30 days showing year-to-date earnings
- W-2 forms for the most recent two years
- If self-employed:
- Provide your signed Personal and Business Federal tax returns for the past two years
- Provide Current Profit and Loss statement
- Bank statements for the past two months – must include the account number and your full name
- Investment account statements for the past two months – must include the account number and your full name
- Retirement account statements for the past two months – must include the account number and your full name
- Proof of Homeowners Insurance
- Application Deposit
- Legal Documents (if applicable)
- Bankruptcy discharge and all schedules
- Divorce decree
Purchase
If you are purchasing, the following information is usually required in addition to General Information:
- A signed copy of the Offer-To-Purchase including addendums and any Counter Offers
- Seller’s Condition Report
- Ernest Money receipt
Refinance
If you are refinancing your existing loan the following information is usually required in addition to General Information:
- Copy of the title insurance from your most recent loan closing
Construction
If you are building, the following information is usually required in in addition to General Information:
- A signed copy of the Offer-To-Purchase including addendums and any Counter Offers (if applicable)
- A signed copy of the construction contract from the general contractor/builder
- Copy of the plans and specifications with a cost breakdowns (also known as a spec sheet)