Loan Application Checklist

At Timberland Bank, our goal is to provide you with the information and professional service needed to accommodate a smooth loan application process, from start to finish. In order to process your application in a timely manner, the following documents and information will be needed at the time of application:

  • Timberland Uniform Loan Application, completed and signed.
  • Credit Authorization, signed.
  • W-2 forms from the last two years, or, if you are self-employed, tax returns (signed) and a year-to-date profit and loss statement from the last two years.
  • If alimony or child support is to be included in income, please provide verification of receipt of support funds for the last three months.
  • Your most recent pay stubs covering a one-month period.
  • Bank statements from the last two months.
  • Verification of income from other sources.
  • Value amount statement of life insurance (if it is to be included in total assets).
  • Rental agreements or real estate contracts for all rental or contract income property.
  • Most current stock, bond and retirement statements.
  • Name, address and account number of current mortgage holder or landlord.
  • Legal description of the property and/or the parcel number.
  • Copy of Earnest Money Agreement (if purchase)
  • Hazard Insurance including your agent's name and phone number.

Note: The documentation required for a construction loan differs from the materials needed to apply for a home loan, which are outlined above. Please click here for the Construction Loan Application Checklist.