Here are some of the most common documents you will need to provide during your application process. Having these ready should help your mortgage application go as quickly and smoothly as possible.
- Driver’s license and social security card
- Copies of pay stubs for each applicant, reflecting a minimum of 30 days of income
- Names/addresses of employers for the last two years
- W-2s for the last two years
- Copy of most recent tax return
- Bank statements for the last three months
- Proof of pension income, if applicable
- Social Security and Disability payments, if applicable
- Dividend earnings or bonuses, if applicable
- Child support or alimony payments (optional for you to disclose)
- A copy of earnest money deposit
- Information on debts such as car loans, student loans and credit cards
- Security accounts (stocks, bonds, life insurance)
- If self-employed: your year-to-date profit and loss statement, plus two years of bank statements and tax returns (unless applying for a Bank Statement Loan, then only the last 24 months of bank statements are required)
For some loans, you may need additional documentation. For example, a construction-to-permanent loan will also require information about the builder and construction blueprints. We will let you know what additional documentation is needed for specific loan options.
Also, once you have found the home you want and are ready to move forward with your mortgage application, we will need to have a copy of the home purchase contract signed by you and the seller.
As the loan process continues, we may need updated copies of more recent bank statements or pay stubs. We will communicate with you if we ever need additional documentation from you.