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Skip Navigation Links : Mortgage Library : Loan Checklist

Loan Application Checklist

This is a complete list of documents many lenders/loan officers will require in order to process your mortgage loan application.

Personal Information

  • Addresses for all residences covering the last 2 years for both Borrower and Co-Borrower (include landlord name and address/phone number if applicable).

  • Addresses for all employers covering the last 2 years for both Borrower and Co-Borrower.

  • Photo ID and proof of Social Security number

  • If you are not an American citizen, a copy of the front and back of your Green Card

  • If applicable, a copy of your divorce decree

Property Information

Purchasing a home

  • Purchase agreement

  • Copy of listing contract

  • Copy of listing contract. (If you are selling your current home)

  • If you sold your current home, be sure to bring in your copy of the settlement statement (HUD-1).

  • Copy of your cancelled earnest money check

Refinancing a home

  • If refinancing, bring your previous settlement statement (HUD-1), Note and Homeowners Insurance Policy

Verification of Income

Salaried Borrower(s):

  • Pay Stubs for the last 30 days

  • W-2 forms for the previous two (2) years

Commissioned/Bonus Borrower(s):

  • Pay Stubs for the last 30 days

  • Complete copies of the previous two (2) years personal tax returns

Self Employed Borrower(s):

  •  Tax returns and profit and loss statements for current year and previous two (2) years. (year to date profit and loss statement must be prepared by an accountant)

If you are Retired:

  • Pension award letter

If you own Rental Property:

  • Current rental agreements and tax returns for the last two (2) years

If you receive Social Security:

  • Social Security award letter

If you are counting child support as income:

  • Copy of the divorce settlement

  • Copy of previous twelve months cancelled child support checks

Verification of Assets

  • Copy of past three (3) months statements from all of the following accounts:

  • Checking

  • Savings

  • Money Market

  • Retirement accounts

  • Brokerage accounts

  • If you've made any large deposits to your accounts, you'll need explanations AND proof of where it came from, such as:

  • Signed gift letter

  • Copy of gift check

  • Copy of deposit receipt

Verification of Debts

  • Credit card bills for the past few billing periods

  • Evidence of mortgage and/or rental payments

  • Copies of alimony or child support

  • Other consumer debt - car loans, furniture loans, student loans and other personal or cosigned installment loans with creditors addresses and phone numbers

If your in the market for a Veteran Affairs (VA) loan make sure you bring a Copy of DD Form 214, Discharge Papers and Separation Documents

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