Mortgage Checklist
FOR PURCHASE AND REFINANCE
Below is a typical list of items that would be requested by a lender as part of the
qualification process for obtaining a real estate loan. Having these items ready will help streamline the process.
Loan application: Completed
General loan disclosures: Signed and dated
Federal tax returns: two most recent years filed
W-2s: Two most recent years filed
Pay stubs: Covering 30-45 days recent pay cycle
Social security: Two year 1099 and annual benefit letter
Corps/LLC/Partnerships: Two most recent years filed returns
Subject property: Copy of mortgage statement and homeowners insurance
Rental properties: Copy of mortgage statement and homeowners insurance
Renters: Name and contact info for landlord
Two months Bank statements for all assets listed on loan application (all pages)
Explanation letter for any non payroll large deposits and copy of cancelled checks
Credit: Explanation for recent inquiries and derogatory late payments
Copy of drivers license
Copy of business license if self employed
Divorce/alimony/child support: Copy of recorded decree