Mortgage Checklist

Mortgage Checklist

The following information is usually required during the loan process:

• Your Social Security Card and Driver’s License
• Income Documentation:
  • Salary – Most recent paystub and W-2 or 1099
  • Self-Employed, Rental or Interest income – 2 years most recent Personal AND Business tax returns, must include all schedules and K-1’s (if applicable)
  • Pension and Social Security Income – Award Letter or 1099 AND 2 months most recent bank statements documenting receipt of funds
  • Recipient of Alimony or Child Support – Full documentation of court order and proof of receipt for the past 12 months (bank deposits or cancelled checks)
• Bank statements for the past two months, must include all pages and be most recent statements available at time of application
• Investment or Retirement account statements for the past two months, must include all pages and be most recent statement available at time of application
• Real Estate contract (if purchasing)
• If obligated to pay Child Support or Alimony – provide full court ordered documentation
• Bankruptcy – provide full copy of filing and discharge documentation

If you currently own real estate:

• Mortgage account information
• Home insurance policy information
• Home equity account information (if applicable)
• Property Tax Information

FHA/USDA/VA Financing

All of the above documentation plus:

• Previous year’s W-2 or 1099
• 1 full month of paystubs
• DD214 & Certificate of Eligibility (VA only)