Stearns Home Loans

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Interest: 5990

(626) 221-1104
1851 E 1st St Suite 725
Santa Ana, California 92705

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Loan Applications

Buying Basics - Loan Application Information


What information will be needed for the application (and how it's kept private)

Anything you submit over our website is 100 percent, fully secure. And we never, ever share it with anyone except by permission -- that is, if you're giving us information you want us to use to get you the best loan, we use that information to tell mortgage lenders about you and convince them to loan you money. In turn, those mortgage lenders are bound by federal law to keep your information secure.


Here is a list of the information mortgage lenders will use to consider your loan application


For all loans

Social Security Number, for borrower and co-borrower if any:

Employment History
For the last two years, employment dates, addresses, salary.
Current pay stubs or W-2 forms.

Check and Savings Accounts and Certificates of Deposit
Location of bank accounts, account numbers and balances;
Address of bank if out of town
Last 3 months' statements

Stocks, Bonds, and Investment Accounts
Broker's name and address, description of stocks, bonds, etc.
Last 3 months' statements or copies of stock certificates

Life Insurance Policies
Insurance company, policy number, face amount, cash value, if any

Retirement Plan
Approximate vested interest value
Copy of latest statement

Make and model of automobiles, their resale value

Other Assets
Market value of personal and household property

Liabilities and Other Non-Mortgage Debt
Creditors names, addresses, account numbers
Monthly payments and balances


Other income information you may need

If you're self-employed

Two years tax returns, profit and loss statements, both company and personal if separate.
Current balance sheet and profit and loss statement if more than two months into the new fiscal year, signed by CPA


If you have income from:

Rental Property
Notes Receivable
You'll need two years' personal federal tax returns


If employed in family business

Personal federal income tax returns and all schedules for the past two years


If divorced or separated

Complete executed divorce decree and settlement agreement
Payment history of alimony/child support over the past 12 months, if it is a financial obligation.
If you choose to have this be considered as part of your income (you don't have to), be prepared to provide 12 months canceled checks or bank statements reflecting income deposits.


If you own real estate

Name and address of all mortgage lenders for the past 24 months, account numbers, monthly payments and balances

If you've sold your home but not closed:
A copy of the sales contract

If you've sold your home, closed, and you will use the proceeds for your new down payment:
A copy of the HUD-1 Uniform Settlement Statement


If you rent

Name, address and phone number of landlords for the past 24 months


If you're buying a home

Purchase sales contract or offer to purchase and all addenda
Furnish contract with original signatures of buyer and seller.


If a source of your down payment is a gift:

Name, address and relationship of donor.
Gift funds will be verified in both the donor and recipient's accounts.
Note: Not all loan programs allow gifts to be part of your down payment.


For FHA Financing

Evidence of Social Security Number and photo identification.

For VA Financing

DD214 and Certificate of Eligibility

For Construction/Perm Loan

Signed construction with cost breakdown, builder plan and specifications

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Nicki Harlow - "I can help you!"

Whether you're buying, selling, or refinancing, it's important that you choose the right mortgage loan originator to guide you through the home loan process.

1851 E 1st St Suite 725
Santa Ana, California 92705
(626) 221-1104
(805) 335-3004

Licensing Information: Corporate NMLS#1854 | Employee NMLS #232259 | Branch NMLS #1151291