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Application Requirements

When you apply for your mortgage, a loan officer from Classic Mortgage will assist you in completing the application and answer any questions you may have regarding the loan application process. Below is a list of documents and information generally required from all borrowers on the application.  However, every situation is unique and your loan officer may request additional documentation, depending on the circumstances of your application and the type of loan for which you apply. 

Property Information:

  • Copy of Sales Contract and All Addendums - Signed by the buyer and seller

  • Property Information -  Copy of listing sheet and legal description (if the property is a condominium please provide condominium declaration, by-laws and most recent budget)

  • Earnest Money - Verification of deposit placed on home.

  • Construction/Permanent Loan - Signed construction contract with cost breakdown and builder plans.


Generally Required Information

  • Social Security Number(s) - For both borrower and co-borrower(s).

  • Photo ID – Such as a driver license or passport

  • Work Visa or Green Card – Copy of front and back

  • Employment History - Name and address of employer(s) for the last two years, dates of employment and income. Explanation of recent gaps in employment, if applicable.

  • Paystubs - Copies of your paycheck stubs for the most recent 30-day period, including year-to-date earnings.

  • W-2 Forms - Copies of all W-2 forms for the previous two years

  • Tax Returns - Previous two years' personal federal income tax returns and all schedules if:

    • You are self-employed

    • You are employed in a family business

    • You are a tradesman

    • All or part of your income is derived from bonus, commission, partnership or trust income

    • If you own rental property, or

    • If you have income from an otherwise non-verifiable source such as corporate ownership, installment sales and tips

  • Business Tax Returns and K-1’s – If ownership position is 25% or greater, provide K-1’s along with completed and signed Federal Partnership (1065) and/or Corporate Income Tax Returns (1120) including all schedules, statements and addenda for the last two years.

  • Social Security, Disability, Pension or VA Benefits – Provide award letter from agency or organization.

  • Checking and Savings Accounts - Depository institution names and addresses, account numbers and balances. Depositories include banks, credit unions and savings and loans. Passbooks and bank statements from the previous two months.

  • Stocks, Bonds, Investment Accounts - Name and address of broker and previous two months' statements or copies of the stock certificates. A list of serial numbers and issue dates may be acceptable for verifying bonds.

  • Retirement Plan - Approximate value of vested interest and copy of most recent statement.

  • Credit Inquiries - You will be requested to provide information regarding any application you have made for credit within the last ninety days prior to making application for your mortgage loan.


Additional Information That May Be Required

  • Self-Employed Borrower - Previous two years' tax returns including all schedules and current year-to-date Profit and Loss and Balance Sheet statements, signed and dated.

  • Divorced or Separated - Copy of divorce decree or maintenance agreement, along with any amendments and 24-month payment history of alimony/child support payments, if such payments are provided or received.

  • Other Income - Documentation of the income received for the past 12 months if such income is used to qualify (i.e., interest or dividend income).

  • Renters - Landlord's name and address and previous 12-months rental payment history. Rent receipts or cancelled checks are acceptable.

  • Real Estate Owned – Copy of your most recent mortgage statement(s). In addition, if the real estate owned is:

    • Currently rented - A copy of the current lease or rental agreement for each unit.

    • Listed for sale - a copy of the listing agreement.

    • Sold but not closed - a copy of the sales contract.

    • Sold, closed and the proceeds from the sale will be used for the down payment - a copy of the Settlement/Closing Statement.

  • Gift Letters - If your source of down payment is a gift, a signed letter is needed from the donor to verify that you are not required to repay the funds.

Contact Information

Classic Mortgage Corporation

Phone: 269.649.1371


Hours of Operation

Monday - Friday: 9 AM - 5 PM

Evenings & Weekends by Appointment


104 S Michigan Ave

Vicksburg MI 49097

Contact Us


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