DISCOVER HOME LOANS APPLICATION CHECKLIST

Here's what to expect during a home equity loan or mortgage refinance application process.

1 Start the application

Your Personal Banker will need some simple information by phone. You can even start the process online!

2 Get your quote

Your Personal Banker will give you a personalized quote and answer any questions you may have.

3 Send us paperwork

We'll need you to send us documents so we can verify information about you, your home, and your finances.

4 Get ready for closing

Our Processors, Underwriters, and Closers will work hard to get your loan processed and ready for closing.

5 Close and fund

Sign your documents. After your three day right to cancel, we will disburse your funds!

When you apply online or by phone, you'll want to have the following information handy:

Personal Information: name, address, DOB, SSN, marital status, citizenship, employment status
Property information: type (single family home, townhome, condo, other), estimated value, mortgage balance
Income information: type (employed, self-employed, other), amount, frequency

Here are the typical documents that we will ask you to send us:

Government-Issued photo IDs*, copy of front only
Current mortgage billing statement
Homeowners' insurance policy declarations page
Flood insurance policy declarations page, if your property is in a flood zone
Recent paystubs and W-2s
Tax returns
Profit & Loss Statement and Balance Sheet, if you are self-employed
Voided check, deposit ticket, or ACH form, if you will be receiving cash out

*Front only unless otherwise instructed. Military IDs not permitted. Ex. Of valid IDs: Driver's license, state ID, etc.

If you receive income from any of the following sources and will be using it for the purpose of financing your loan, we will also request that you send us:

Alimony, Child Support, or Separate Maintenance

You don't need to tell us about alimony, child support, or separate maintenance income unless you want us to consider it as a basis for repaying this loan.