Mortgage Application Checklist

When you’re ready to apply for a mortgage, you’ll want to make sure to submit all the required documents to avoid delays. A list of what you will need is below.

Basic Information:

• Application fee check

• Social Security number

• Valid Photo ID

• Residence addresses (past two years)

• Copy of a divorce decree (if applicable)

• Copy of your green card (if applicable)

Property Information (if you have a home contract):

• Purchase Agreement

• MLS sheet and legal description

• A copy of the listing contract (if you are selling your current home)

• A copy of the settlement statement (if you’ve sold your home)

Income and Assets Information:

• Pay stubs (last 30 days)

• W2 forms and work addresses for present and past employers (past two years)

• Bank statements (past 3-6 months)

• Total estimated value of personal property

• For large account deposits: deposit source and explanation statement

• For a gifted large account deposit: a gift letter, a copy of the check, and a deposit receipt

Tax and Income Information:

• Corporate tax returns (if you own 25% or more of a business)

• Personal tax returns (three years’ worth and a year-to-date profit and loss statement if you’re self-employed)

• Rental property tax returns for the past two years, plus current rent agreements

• Pension Award Letter (if applicable)

• Social Security Award Letter (if applicable)

• Proof of additional income (such as child support)

Debt Information:

• Current loans

• Recent credit report

And lastly, if you have VA loans:

• Report of Separation

• Copy of your DD Form 214