Use our checklist to help you organize your information before you get started. Mortgage Application Checklist

Use our checklist to help you organize your information before you get started. Mortgage Application Checklist

Use our checklist to help you organize your information before you get started. Mortgage Application Checklist

YOUR SOURCE OF INCOME
How you’ll pay your mortgage

Pay Stubs
  • Last 30 days

W-2 Forms
  • Last 2 years

Child Support or Alimony
  • Divorce Decree
  • Or 12 months canceled checks
  • Or bank statements showing consistent deposits

Award Letters
  • Proof of social security, pension and disability – This can be things like an award letter, bank statements, 1099s

IF YOU ARE SELF-EMPLOYED
Otherwise, ignore.
Tax Returns
  • 2 years including personal, partnership, and corporate, if applicable, and all schedules
Business Profit & Loss Statement
  • Year-to-date business profit and loss statement, preferably completed by a certified public accountant
YOUR ASSETS
How you’ll fund your down payment
Original Bank Statements
  • The past three months’ worth of original bank statements including savings, checking, and investment accounts
Stocks & Securities
  • The past three months’ of stocks and securities account statements
Settlement Statement
  • If using funds from the sale of your current property
Sale of Asset
  • Proof of ownership
  • Proof of sale
  • Proof of funds transfer to you
Gift funds
  • A gift letter
  • Evidence of transfer of funds to you
YOUR PAYMENT HISTORY
To reveal your borrowing practices
Canceled rent or mortgage checks
  • Past 12 months, if not available on credit report
Copy of land contract (If applicable)
Child support or alimony
  • Bank statements showing deposits
Credit counseling
  • Statements from credit counseling or bankruptcy discharge paperwork
ADDITIONAL INFORMATION
If applicable
Purchase agreement
  • Including legal property description and any addenda
Divorce Decree (if applicable)
Discrepancies on credit
  • With explanation for any discrepancies present