Kitchen Renovation

Home Equity Line of Credit Required Documents

Home Equity Line of Credit Documentation Checklist

In order to process your application as quickly as possible, please provide following:

Income Sources Stated on the Application:


  • Current paystub dated no earlier than 30 days prior to the initial loan application date and including all year-to-date earnings
  • Last two years’ W-2 Forms

Self-Employed, Receive Commission Income or Own Investment Real Estate

  • Last two years’ signed Personal Federal tax returns including all schedules
  • Current year-to-date Profit & Loss Statement 

Disability, Social Security, or Pension Income

One of the following:

  • Most recent award letter showing amount of income received, OR
  • Two most current bank statements showing amount and source of income, OR
  • 1099s from the last two years

IRA or 401k Distributions

One of the following:

  • Letters from the organization providing the income, OR
  • Current retirement award letters, OR
  • Most recent year signed Personal Federal tax returns, OR
  • Most recent year W-2 or 1099 Forms, OR
  • Two most current bank statements showing amount and source of income

Alimony or Child Support*

  • Date of birth of any children
  • Copy of Divorce Decree
  • Documentation of no less than six months of the borrower’s most recent regular receipt of the full paymeny

Asset Verification

  • Most recent two months’ bank and/or credit union statements for all non-Honor Bank accounts

Other Required Items

  • Current Photo ID
  • Copy of your homeowner insurance current declarations page
  • Copy of most recent tax bills and homeowner insurance current declarations page for other properties owned
  • If the property to be secured by the mortgage is in a flood zone: Copy of flood insurance policy showing policy term, amount of coverage and premium.

* Income derived from alimony, child support or separate maintenance payments need not be revealed if the applicant does not want the income to be considered in determining creditworthiness.