Find a professional, experienced Realtor at Huntsville real estate Relocation assistance , rental homes , sales of Huntsville real estate property management. and real estate link exchange.

Loan Application Checklist

In general, the documentation you will need includes:
Check for application fee

Property Information (if you already have a contract on a house)
Purchase Agreement.
Copy of legal description and MLS sheet.
If you are selling your current home, copy of listing contract.
If you have sold your current home, copy of settlement statement (HUD-1).

Income & Assets

Pay stubs for the last 30 days.
For the past two years:

Names and addresses of each employer.

W-2s
Statements for each bank, mutual fund, and/or investment account for the last three months.
Estimated value of personal property and furniture.
If you have made any large deposits to your accounts:

Explanation and source for deposit.

If large deposit was a gift:
 

Signed gift letter (lender can supply).

Copy of gift check.

Copy of deposit receipt.
  If you own more than 25% of a business:
 

Corporate or partnership tax returns.
  If self-employed:
 

Tax returns for the last three years (with schedules).

Year-to-Date Profit and Loss Statement prepared by an accountant.
  If you own rental property:
 

Tax returns for the last two years and current rental agreements.
  If you are retired:
 

Pension Award Letter.
  If you receive Social Security:
 

Social Security Award Letter.
  If you are counting child support as income:
 

Copy of divorce settlement.

Copy of twelve months of cancelled child support checks.

Debts

Names, addresses, account numbers, balances and monthly payments on all current loans.
Explanation of credit report anomalies, including:
 

Late payments, credit inquiries in the last 90 days, charge-offs, collections, judgments and/or liens.

Bankruptcy filed within last seven years (bring a copy of your bankruptcy papers).

VA Loans

Copy of DD Form 214, Report of Separation.

Miscellaneous

Photo ID and proof of Social Security number.
Residence addresses for the past two years.
If applicable, a copy of your divorce decree.
If you are not a citizen, a copy of the front and back of your green card.

 

Find out what your home value is, get a free estimate home value evaluation and find home value for your property in today’s Huntsville, Madison Madison County Real Estate Market. Our trained staff will estimate home value for your home and determine your home market value. Please note that this free home value is only for properties in The Greater Huntsville, Madison, Hampton Cove and Madison County area. This home value appraisal is provided as a free service so homeowners may get home value for their properties that they may consider selling. This is not a home value calculator but an actual market survey performed by an experienced realtor. Huntsville Alabama Real Estate

.

Looking to Buy?

Are you looking to buy a house? Let us help you. Just fill out as much of the information below that you want and we'll get right back to you, with no obligation to you. We guarantee your privacy.
 
Your Information
*Name:
*Email:
Phone:
Street Address:
City:
State:
Country:
Zip/Postal Code:

Some Details
When Are You Moving?:
Where Are You Moving:
Your Price Range?:
Number of Bedrooms?:
Number of Bathrooms?:
Size In Square Feet?:
Any Comments, Concerns, Or Questions:

Note: Fields with an * are required

* MOL = More or Less
Huntsville Alabama Area News and Real Estate News:
 
Man stabbed over fight on July 4th
7/5/2009 4:18 PM
HUNTSVILLE, AL (WAFF) - One man in huntsville is charged with second degree assault after an Independence day stabbing. Police say that Clay Douglas and Michael Robinson were in a fight just before 10p...Read More
 
Man drowns in Lake Guntersville
7/5/2009 3:45 PM
GUNTERSVILLE, AL (WAFF) - The name of a drowning victim has been released. 27-year-old Hilario Garcia of Albertville lost his life after going under at Lake Guntersville. It happened Friday afternoo...Read More
 
Man charged with attempted murder still in jail
7/5/2009 3:35 PM
A man charged with the attempted murder of a police officer remains behind bars....Read More
 
Fireworks cause Huntsville house fire
7/5/2009 3:13 PM
HUNTSVILLE, AL (WAFF) - WAFF 48 News has learned what's to blame for starting a fire Saturday afternoon that displaced a family a four. Huntsville firefighters tell us fireworks caused this blaze tha...Read More
 
Independence Day tea party
7/5/2009 1:57 PM
The party in Huntsville is expected to be one of about 800 groups across the country...Read More
 
Parents concerned over special needs teacher cuts
7/5/2009 1:36 PM
Parents at one school system in the Shoals are concerned about cuts will hurt programs that help students....Read More
 
Help catch Franklin Co. church vandals
7/5/2009 1:24 PM
Investigators in Franklin County are looking for church vandals. .... ...Read More
 
Lake Guntersville Fireworks show
7/5/2009 1:16 PM
Lake Guntersville's on-water fireworks display is the biggest in North Alabama....Read More
 
Check Points used to keep roads safe during holiday
7/5/2009 12:49 PM
As fourth of July celebrations get underway for some residents in the valley, state troopers have extra patrols out to help ensure safety on the roads. And for Troopers in the Northwest Alabama tha...Read More
 
Fireworks sales explode this Independence Day
7/5/2009 12:45 PM
Money's tight for many people this Fourth of July, but benjamins are filling cash registers at fireworks stands across the Valley...Read More




Huntsville Alabama Area News and Real Estate News:
 
Fireworks cause Huntsville house fire
7/5/2009 6:32 PM

WAFF 48 News has learned what's to blame for starting a fire Saturday afternoon that displaced a family a four.Read More

 
Dolls, dolls, dolls: Searcy collector has 1,500
7/5/2009 7:53 AM

Pauline Sublett's love for dolls began as a little girl and has grown to a unique collection of approximately 1,500 dolls in her Searcy home.Read More

 
Big 'Green' Bus Heading To UA Huntsville
7/4/2009 4:47 PM

The Big Green Bus is coming to town. A group from Dartmouth University will be showing off their 1989 converted motor coach on Tuesday.Read More

 
New Census estimates show Huntsville leads Ala. in population growth
7/3/2009 4:40 PM

Huntsville is growing faster than Alabama's three other major cities. New Census estimates released Thursday show Huntsville's population has jumped to an estimated 176,645 people.Read More

 
Man's shooting a mystery
7/3/2009 12:28 PM

The home and the basketball court where an East Limestone County man was shot and seriously injured Tuesday night while shooting hoops with his family is cordoned off by crime-scene tape Wednesday.Read More

 
Huntsville Stabbing Victim Dies
7/3/2009 4:23 AM

A man found stabbed multiple times, and lying in a ditch is dead tonight. Quinton Moore was found at Warrant House Apartments off Sparkman Drive around 9 p.m. He was taken to Huntsville Hospital where he died from his injuries.Read More

 
NASA Announces Request For Information On Von Braun Collection
7/2/2009 8:22 PM

Thanks to Catalogblog for the link. Here is the text from the NASA website : On the eve of the 40th anniversary of the historic first moon landing, NASA is seeking ideas from the public, academia, and industry about how to analyze and catalog notes from spaceflight pioneer Wernher von Bra...Read More

 
Trooper injured in motorcycle accident
7/2/2009 12:07 PM

An Alabama State Trooper suffered non-life threatening injuries Wednesday at 2:40 p.m. when he crashed his motorcycle in Madison County, just west of Alabama 53, attempting to pursue a speeding motorcycle.Read More

 
Best Hiking Trails in Huntsville, Alabama
7/1/2009 6:19 PM

The Monte Sano hiking trail is the best in the Huntsville, Alabama area. You have several hiking trails in the Huntsville, Madison County area; the Rainbow Mountain trail, Monte Sano Preserve, Wade Mountain, and Blevins Gap Preserve.Read More

 
Lawsuit Over Huntsville Air Show Death Moves Forward
6/30/2009 11:59 PM

Monday marked the one-year anniversary of the deadly disaster at the Huntsville airshow.Read More





Huntsville Alabama Area News and Real Estate News:
 
Survey Says Bigger Downpayments Prevent Foreclosures
7/3/2009 8:13 AM

...Read More

 
Michael Jackson's Neverland the Next Graceland? Never! say Locals
7/1/2009 2:24 PM

...Read More

 
Investing in Home Loans Online
7/1/2009 8:14 AM

...Read More

 
Case-Shiller Home Prices Decline Only 18%
6/30/2009 4:16 PM

The latest Standard & Poor’s/Case-Shiller housing index numbers out today show the market falling less dramatically than it had been earlier in the year. The 10 and 20 city indices were both down 18% in April, versus the same month in 2008. But that decline was less severe than it had been in January, February and March.

"The pace of...Read More

 
Prefab Homes a Hit at Dwell Design Show
6/29/2009 6:53 PM

...Read More

 
Mel Gibson, 50 Cent, Tim Geithner, Richard Gere, and Christie Brinkley can't sell their houses
6/29/2009 6:09 PM

...Read More

 
Banks Need to Hire More Loan Officers
6/26/2009 3:15 AM

...Read More

 
"Not Paying the Mortgage, Yet Stuck With the Keys"
6/25/2009 9:56 AM

Check out this great Washington Post story from yesterday about the backlog in foreclosures. The human interest is a woman from Glen Allen, Va., who moved out of her house last July and has been begging the bank to foreclose so it won't be her resp...Read More

 
Home sales rise in May (but only a little)
6/23/2009 12:16 PM

Existing home sales rose 2.4% in May -- the second consecutive monthly increase, the National Association of Realtors said today. But the May level -- adjusted for seasonal variations -- was lower than some economists had predicted.

The important thing here is that home sales aren't falling, indicating that a bottom might be near. Mich...Read More

 
Harvard Highlights Housing Demographics
6/22/2009 5:05 PM

You don’t need an Ivy League degree to figure out the housing market stinks. Harvard University released its annual State of the Nation’s Housing report today. Among its conclusions: “Despite some stabilization in homebuilding and home sales in the spring, real home prices continued to fall and foreclosures mount in most areas in the first quart...Read More





Huntsville Alabama Area News and Real Estate News:
 
Huntsville Alabama MLS
12/11/2008 7:53 AM
The following websites are resources for Huntsville AL MLS Search the Huntsville Alabama MLS for homes for sale in Huntsville AL and find homes for rent in Huntsville Al MLS Search the Huntsville Alabama MLS and request automatic email notification of new listings. Home sellers can get a Huntsville Alabama home value from experienced realtors. Se...Read More
 
Huntsville Alabama MLS Website looking to buy
12/4/2008 7:46 PM
Website looking to buy     Automated Property Searches Huntsville AL area MLS Search   Our Featured Listings    Homebuyer Tips     Whether buying your first home or your fifteenth, purchasing a new home can be unnerving.    Am I paying too much? How is the neighborhood and schools? Will I be able ...Read More
 
Huntsville AL MLS
12/4/2008 7:45 PM
   Even with the current state of the national economy and mortgage crisis, our local real estate market remains strong. Our local economy continues to thrive and we are expecting more job growth in the spring and summer of 2009.    There are some market segments and geographic areas that are experiencing a slowdown but Huntsvil...Read More
 
Huntsville Alabama Real Estate Blog / What is Negative Amortization?
3/17/2007 10:04 AM
Huntsville Alabama Real Estate Blog / What is Negative Amortization?Posted by Lenny Kelman  After posting an explanation on adjustable rate mortgages, I have been asked what a negative amortization loan is. Here is a brief overview:A negative amortization loan is an adjustable rate mortgage that allows the consumer to tap into home “equity” by...Read More
 
Huntsville Alabama Real Estate / National Economic Conditions
3/8/2007 6:40 AM
This week brings us the release of four factual economic reports to be concerned with along with the minutes from the last FOMC meeting. Two of the three reports are considered to be only moderately important while one is of low importance to the bond and mortgage markets. Still, the last report of the week [...]...Read More
 
Huntsville Alabama Real Estate; Rates Heading Down This Year?
3/1/2007 4:11 PM
    Rates Heading Down This Year?  The recent decline of the stock market may be an early indicator of what is coming for the remainder of the year.  If the correlation between the NAHB’s Housing Market Index and the S&P 500 Index holds true, we may see substantial decreases in home mortgage rates in the coming [...Read More





Huntsville Alabama Real Estate / Philip Winburn / Rosenblum Realty Inc. 2314 South Memorial Parkway Huntsville, AL 35801
Phone: Fax:

Contact Us | Automated real estate search | Philip's Profile | Add Your Link | Property Management | Rental Homes | Are you new to Huntsville? | Lease Option Lease Purchase for Sellers | Looking to Buy? | Looking to Sell? | Featured Homes | Home | Huntsville Alabama Real Estate Blog

Copyright © 2009 Huntsville Alabama Real Estate / Philip Winburn / Rosenblum Realty Inc.
Portions Copyright © 2009 a la mode, inc.
Another XSite by a la mode, inc. | Admin LoginTerms of UseSite Map
All rate, payment, and area information are estimates and approximations only.