Accurate Mortgage Corporation

Do not take on new debt or make large purchases on credit cards.

The temptation is strong. There are many big purchases that people want to make in connection with a move: appliances, window treatments, furniture, etc. Unfortunately, you will change what the mortgage industry calls your debt-to-income ratio's, the relationship of your income to your debt. Additionally, the new inquiries and balance change on your credit report could negatively affect your score. This may cause you to be denied or not qualify for the best mortgage program.

What will I need to bring with me when I apply for a loan?

When you're ready to meet with an Accurate Mortgage representative to apply for your loan, you will need to bring a few items with you. Below is a helpful list of the information that may be required to start the home ownership process.

Picture ID (Drivers License or State ID).
Social Security Number.
Last two (2) year W-2's.
Last two (2) recent paystubs.
Last two (2) month recent checking/savings account statements.
Last two (2) 401k statements.
If self employed: last two (2) 1040's & year-to-date profit and loss statement.
Proof of taxes and insurance for all real estate owned.
Copies of rental leases for investment properties.
Deposit for credit report.

Illinois Residential Mortgage Licensee MB5732 • Illinois Department of Financial and Professional Regulation • 122 South Michigan Avenue, Suite 1900 Chicago, IL 60603 • 312-793-3000