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Mortgage Application Checklist

This checklist gives you a general idea about what documents are required by most banks when you apply for a mortgage. Its based on a typical individual applying at a typical financial institution. However since your situation is unique, your lender may require other documentation. So, if your bank asks for more information, be cooperative and provide the information requested as soon as possible. It will help speed up the application process.

    You and your spouse's social security numbers

    Copy of the signed sales contract

    Verification of the deposit you placed on the home

    W-2's for the previous 2 years plus a current pay stubs covering a full month

    Signed copies of your personal tax returns for the past 2 years, if you earn a commission

    Mortgage payment history covering the past 12 months from your current lender or canceled rent checks for the past year

    Current Business Financial Statement and signed copies of your personal and business tax returns for the past 2 years, if you own your own business

    Verifying documents for other income, including rental property and receipts for alimony and/or child support

    List of all the financial institutions where you have accounts, including their names, addresses and your account numbers

    The most recent statements covering your stocks, brokerage accounts, CD's, money market a accounts and other savings and securities

    Divorce decree and property settlement, if applicable

    Estimated value of personal assets (cars and household items)

    Employment history

    Work visa or green card, if applicable

    Letter explaining any gaps in employment in the past 2 years

    Previous address

    List of all the people, banks, credit cards, etc. to whom you owe money, including their names, addresses and your account numbers


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