CONSTRUCTION LOAN PACKAGE CHECKLIST

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CONSTRUCTION LOAN PACKAGE CHECKLIST The following items will be needed by the credit union to begin the CONSTRUCTION loan approval process: FINANCIAL INFORMATION: ______ Personal financial statement {Application} ______ Pay stubs for the previous 30 day period ______ Prior two year s tax returns {With W-2 s} ______ Last two months account statements {Checking, savings, stock & bond} ______ Prequalification letter {For long term financing} ______ Self employed borrowers with {Corporations, partnerships, LLC s, LLP s} Business tax returns for the previous two years Current balance sheet and profit and loss statement Copy of valid photo identification DISCLOSURE AND AUTHORIZATION.

CONSTRUCTION LOAN PACKAGE CHECKLIST. The following items will be needed by the credit union to begin the construction loan …

  Checklist