Mortgage Application Checklist:


Your Current Residence


Complete address information for the most recent 2 years


Names, address, and telephone number for your landlord for the past 2 years if renting




Your Employment / Income


Copies of your pay stubs for the most recent 30-day period


Copies of your W-2 or 1099's forms for the past three years


Name, address, and phone numbers of all employers for the last two years


Some down payment assistance programs will also require copies of your most recent 3 year federal tax return to prove you are a first-time buyer


Copy of diploma, degree, or transcripts if you have not been working a full 2 years


If self-employed or receive commission or bonus, interest/dividends, or rental income:


Provide full tax returns for the last two years PLUS year-to-date Profit and Loss Statement (Please provide complete tax return including all schedules. If you have filed an extension, please supply a copy of the extension.)


K-1's for all partnerships and S-Corporations for the last two years (Please double-check your return. Most K-1's are not attached to the 1040.)


Completed and signed Federal Partnership (1065) and/or Corporate Income Tax Returns (1120) including all schedules, statements and addenda for the last two years. (Required only if your ownership position is 25% or greater.)


If you will use Alimony or Child Support to qualify


Provide divorce decree/court order stating amount, as well as, proof of receipt of funds for last year. 12 month printout available through the county that issued the support order





If you receive Social Security income, Disability or VA benefits:


Provide the most recent award letter from agency or organization




Source of Funds / Assets


Savings, checking or money market funds - provide copies of bank statements for the last 3 months (all pages)


Most recent 401-k, IRA, or other investment statements if applicable


Gifts - If part of your cash to close, provide Gift letter and proof of receipt of funds (your lender can assist you with this)


Sale of your existing home - provide a copy of the signed sales contract on your current residence and statement or listing agreement if unsold (at closing, you must also provide a settlement/Closing Statement)




Your Debt/Credit


Prepare a list of all names, account numbers, balances, and monthly payments for all current debts


Complete set of bankruptcy papers / discharge papers and letter of explanation if applicable


If you are paying alimony or child support, include marital settlement/court order stating the terms of the obligation


Documentation proving settlement of any outstanding judgments or collections if applicable