Mortgage Application Checklist

The mortgage documentation process can seem overwhelming, but my team and I are here to guide you through it and make it as stress free as possible! In order to get started, here is a basic mortgage application checklist of items that will be required for all loans:

get a mortgage on the home of your dreams

 

  • Government Picture ID

  • Last 2 Years of W2s, K1s and/or 1099s

  • Last 30 Days of Paystubs

  • Last 2 Months of Official Banking & Investment Account Statements with All Pages

 

This is a complete mortgage application checklist that will apply to most mortgage situations:

 

  • GOVERNMENT PICTURE ID

  • FOR HOME PURCHASE LOANS:

    – Sales contract with original signatures, along with a copy of the earnest money check

  • RESIDENCY:

    – Complete address for each residence you’ve resided at during the past 24 months-For renters: landlord information (name, address, and phone)

  • EMPLOYMENT:

    – Names, addresses, and phone numbers of all employers for the past two years

    – Relocation: Copy of employer’s relocation agreement

  • VA LOANS:

    – Copy of DD214s and Certificate of Eligibility

  • INCOME:

    – Past two years W-2 or 1099 forms

    – Last 30 days pay stubs

    – Past two years complete tax returns (include business returns, if applicable)

    – Award letters for social security

    – Award letters for retirement/pension incomes

    – Court order for child support

  • ASSETS:

    – Two months original bank statement (all pages) on all checking, savings, credit union, and investment accounts (including retirement)

  • CURRENT LIABILITIES:

    – Current balance and minimum monthly payments

  • DIVORCED OR SEPARATED PERSONS:

    – Complete divorce petition, signed, recorded final decree, and/or separation agreement

  • RETAINED PROPERTIES:

    – Copies of current leases and tax returns

    – Copy of insurance declaration page

    – Copy of property tax bill

    – Copy of mortgage statement if property is financed
    – Most Recent Homeowner’s Association Bill

  • FOR REFINANCE LOANS:

    – A copy of the current mortgage and/or bill payoff information (copies of last statements)

    – A copy of the current tax and home insurance expenses, along with a copy of your owner’s title insurance policy (if available)

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