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These documents are the most commonly required for your loan process. We urge you to begin collecting these items sooner rather than later, to not delay your loan process.
- Most recent copies of pay stubs for the last 30 consecutive days.
- Copy of W-2 Statements for past two years.
- Copy of complete Personal Tax Returns for past two years.
- Complete copy of personal and business tax returns for past two years if either borrower is self-employed.
- Statements for last 60 days from any stocks, bonds or mutual funds you wish to disclose for purposes of mortgage loan approval.
- Statement from retirement accounts such as 401(k), IRA, etc. covering last 60 days.
- Copy of the divorce decree or marital separation agreement if either borrower is divorced.
- Clear copy of borrower(s) driver license
- Clear copy of borrower(s) Social Security card
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Having these items on hand during your initial meeting will help speed up the application process. Usually an appraisal fee will have to be paid when you submit the mortgage application. After you speak with us, you should have a general idea if you qualify for the size and type of loan you want.
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Commonly Requested Items During Processing (May not have been collected?) |
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- The final purchase contract for the house (if applicable).
- Updated account statements for listed assets in the application that may have changed in value.
- Information about debts or credit report items that may have been delinquent or not accurate.
- Evidence of your mortgage or rental payments, such as canceled checks.
- An irrevocable gift letter if you are receiving a monetary gift from a relative.
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Finding the Right Loan
