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Checklist Below is a list of documents most mortgage organizations need in order for you to apply for a mortgage loan. Please confirm with the mortgage professional of your choice since the lender may require different or additional documents depending on the type of loan you apply. |
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Documents |
| * Application Fee (cost of appraisal and credit report) |
| * Legible sales contract signed by Buyers and Sellers. |
| * Social Security number of all applicants. |
| * Complete address for the past 2 years (including complete name and address of landlords for past 24 months). |
| * Name, address, and all income earned from all employers for past 24 months. |
| * Copies of previous two years W-2 forms. |
| * Copy of most recent year-to-date pay stub. |
| * Name, address, account number, monthly payment and current balance for: installment loans, revolving charge accounts, student loans, mortgage loans, and auto loans. |
| * Name, address, account number, and balance of all deposit accounts, including: checking accounts, savings accounts, stocks, bonds, etc. |
| * Three months most recent statements for deposit accounts, stocks, bonds, etc. |
| If you choose to include income from Child Support/Alimony: |
| * Bring copies of court records of cancelled checks showing receipt of payment. |
| If you are applying for a V.A. Loan: |
| * DD-214, Certificate of Eligibility, or statement from your Commanding Officer if you are on active duty. |
| If you are self-employed or paid by commission: |
| * Previous two years Federal Income Tax Returns with all schedules and a year-to-date profit and loss statement. |
| If you own other properties: |
| * Address of properties and current market value. |
| * Any debt owed on properties; Lender's name, address, account number, monthly payment, and current balance. |
| * Copy of previous two years Federal Income Tax Returns with all schedules. |
| If rented: copy of lease. |
| If you have filed bankruptcy in the last seven years: |
| * Copy of petition and discharge, handwritten explanation of reason for bankruptcy, evidence of excellent credit since the bankruptcy. |