Checklist for Applying for a Mortgage

Items needed for Loan Application

  • Most recent 30 days’ paycheck stubs- YTD
  • Most recent 2 years W-2 forms
  • 2 Years federal tax returns- all schedules- any extensions/amendments
  • 2 months current bank statements for all checking, savings and 401k’s (all pages)
  • Landlord name and number
  • Copy of Driver’s License


VA Loans need in addition to the above

  • Retired or Disabled – DD214 member 4 copy
  • In Service – Statement of Service


Purchasing a home is a huge investment, and you want to make sure you are financing your home with the best rates and a reputable mortgage lender.
There are many lending institutions that offer a variety of mortgage products. Financing options and rates can vary widely, so it is important to do your research and shop around to ensure you get the mortgage that best meets your needs at the best price. Your mortgage payment will be made up of monthly principal and interest (your mortgage), homeowners insurance, and property taxes.

Here are some local mortgage lenders that are reputable and a good place to start in getting information:

Beth Elrod
– Senior Loan Officer
T.  904-838-6491 | F.  904-212-1555 |

NMLS ID: 221970

Daniel Halvorsen– Mortgage Banker
T. 904-992-1000 | F. 904-212-1061 |

Homeowners Insurance

Homeowners insurance provides financial protection against disasters. A standard policy insures the home itself and the things you keep in it. Homeowners insurance is a package policy. This means that it covers both damage to your property and your liability or legal responsibility for any injuries and property damage you or members of your family cause to other people. This includes damage caused by household pets. Damage caused by most disasters is covered but there are exceptions. The most significant are damage caused by floods, earthquakes and poor maintenance. You must buy two separate policies for flood and earthquake coverage. Maintenance-related problems are the homeowners’ responsibility. Plan on talking with several companies/agents to get quotes for homeowners insurance, and go over in detail what exactly is covered under the policy. Policies and prices can vary a great deal.

Property Taxes

The Tax Estimator allows you to calculate the estimated Ad Valorem taxes for your home. Choose a tax district/city from the drop-down box (selections include the taxing district number, the name of the district/city, and the millage rate used for calculation), enter a taxable value in the space provided then press the ”Submit” button. The results displayed are the estimated yearly taxes for the property, using the last certified tax rate, without exemptions or discounts.