Mortgage Loan Application Checklist

 

The following is a list of items you would typically bring to a loan application to help the approval go as quickly as possible.

 

q    Executed copy of sales contract on the property you are buying.

q    Copies of all W-2’s for the past two years

q    Two recent consecutive pay stubs

q    Copies of the last 3 months statements of all bank and/or investment accounts (Source of funds for any recent large deposits must be documented.)

q    Complete name, address and account numbers for all bank accounts.

q    Complete name, address, account numbers, balances and monthly payments for all credit cards, installment loans, student loans and any other type of debt.

q    If you are self-employed - Last two years Tax Returns with all schedules for the last two years and year-to-date Profit and Loss statement.

q    Separation/divorce papers, if applicable.

q    Proof of receipt of alimony/child support, if applicable. (canceled checks for the last 6 months.

q    Verification of stocks and bonds needed for down payment/closing costs.

q    Gift letter

q    VA only – Certificate of Eligibility or DD-214, driver’s license and social security card.

q    Name address and phone number of landlord for the past 2 years.

q    Copies of the last 12 months canceled checks for rent or mortgage. (front and back, if possible.)

q    Check or money order for application fee.

 

Click here to download a printable version of this checklist