Before entering into any financing arrangement, we want you to be fully informed. Here are the documents and disclosure documents related to the loans we offer.
When you receive a loan approval, we’ll likely require certain documentation to verify the income and assets stated on your application. The type of documentation depends on:
We’ll let you know which specific documents we’ll need to close your loan and ask you to return your documents to Old Second within 48 hours after you receive an approval, so we can move quickly to set up your closing.
Salaried employees usually must provide the following documents:
Self-employed borrowers usually provide:
If you rely on other sources of income for your monthly obligations, you must supply the appropriate documentation to support the loan request.
Finally, if purchasing a home, you must provide Old Second with a signed purchase contract. If we need additional documentation, we'll let you know what we need and why we need it.OTHER INFORMATIVE RESOURCES: