Document Checklist

Mortgage Application Document Checklist

You’ve found your dream home, and now it’s time to apply for your mortgage. The amount of information lenders require to process your loan application can be overwhelming, but this handy checklist can help you prepare. Gather all the documentation in a folder, and bring it with you when you speak with your mortgage lender. Just remember that each lender is different, and may request additional documents from you. Download a version of our checklist here.

Personal Information:

  • Social Security Number and Date of Birth. Required of you and any co-borrowers.
  • Current Housing Information. For renters: your address, the name and address of your landlord, proof of lease, and your current monthly rent. If you’ve lived at your current address for less than 2 years, bring information for your previous addresses. For existing homeowners: your address, current market value, mortgage lender, account number, current monthly payment, and outstanding balance due on the mortgage.

Employment Information:

  • Employer(s) Verification. Names, addresses, and telephone numbers of your employers for the past two years.
  • Income Verification. Your two most recent pay stubs with year-to-date earnings, and W-2s for the past two years.
  • Self-Employment Documents. If self-employed, bring your profit and loss statement and balance sheet for the past two years, and two years of tax returns.
  • Additional Income. Bring documentation to prove you receive any of these additional forms of income: social security or veteran's benefits (provide copies of the award letter), overtime bonus, commissions, interest income, or alimony income from divorce/ separation agreements.

Financial Information:

  • Tax Information. W-2 tax forms and tax returns for the past two years.
  • Bank Account(s) Information. Account number(s) and current balance(s) of your checking, savings, or any other account(s).
  • Assets Information. Statements of current assets, such as Individual Retirement Accounts (IRAs), Certificates of Deposit (CDs), stocks, and bonds. For individual investments, a current brokerage statement with the name of the stocks, the amount per share, and the number of shares owned.
  • Personal Property Information. Disclosure of the value of your personal property, including employee retirement accounts, furniture, cars (copy of titles to any vehicles owned), any valuable collections or other valuable property, and life insurance.
  • Credit Information. Credit card bills for the past few billing periods.
  • Rental Property Information. Federal tax returns and a schedule of all real estate property you own, plus account number and address of the mortgage company if any property you own is not paid for. If the property is rented, provide a copy of the current lease and rent payments in the form of canceled checks.
  • Gift Funds. If money for downpayment is a gift from a relative, supply a copy of the gift letter (which should state that the gift money does not have to be repaid) and copy of the gift check.
  • Divorce or Separation Information. A copy of the divorce decree or maintenance agreement, along with any amendments and a 12-month payment history of alimony and/or child support payments, as well as documents if the payments are needed to verify your income and qualify for the mortgage.

Information About the Home you are Purchasing:

  • Purchase Contract. Copy of the executed purchase contract and any addendums. If purchasing new construction, also include the plans and specifications documentation.

For more information about items on this checklist, contact your local financial institution to speak to a loan professional.