Buying Your First Home


It is vital that you are well informed of the loan process that is ahead of you. Use our checklist to get a head start. Begin to organize the necessary documents for a quick and smooth loan process.

Here's a list of items needed to process your loans:

  • Completed Uniform Residential Loan Application and Disclosures

Income information that can be verified using the following:

  • Copy of your most recent paystub showing at least one full month of Year to Date pay
  • Personal tax returns & W-2s for the past two years
  • If self-employed: Personal and business tax returns for 2 years.
  • If Ownership in a Corporation or Partnership of 25% or more: 2 years tax returns with all schedules, current Profit & Loss and balance sheet

Asset information that can be verified using the following:

  • Two months bank statements on all bank and brokerage accounts
  • Stock and retirement statements
  • This additional information will be helpful in expediting your loan
  • The name of your Homeowners Insurance Company
  • Title Insurance Company preference, if any
  • For Purchases: the Sales Contract and copy of canceled Earnest Money Check

Looking to build? We will provide the construction and home mortgage.

Here's some additional information needed on your new home:

  • Set of house plans and cost breakdown
  • Original construction contract, signed by all borrowers and contractor
  • Contractor references
  • Copy of settlement statement and title work from your lot purchase

Our job is to make this process as easy as possible for you.  Call Pat Twining (815) 632-4704 or Don Lovett (815) 288-1041. We are waiting to assist you with all of your mortgage needs.