Mortgage Application Checklist

ConditionItem(s) Required
In ContractPurchase Agreement
Selling a homeListing Agreement
Recently sold a homeHUD-1 Statement
Large deposits in bankExplanation and source for deposit
Ownership in 25% or more of a businessCorporate or partnership tax returns
Self-employed
  1. Tax Returns last 2 years
  2. Year-to-Date Profit and Loss
Employed
  1. Pay stubs for the last 30 days
  2. W-2s For the past two years
Rental property
  1. Tax Returns last 2 years
  2. Copy of Rental agreements
RetiredPension Award Letter
Receive Social SecuritySocial Security Award Letter
Count on child support as income
  1. Copy of divorce settlement
  2. Copy of twelve months of cancelled child support checks
Credit report anomaliesExplanation letter
Bankruptcy in last seven yearsCopy of your bankruptcy papers
DivorcedCopy of your divorce decree
Not a citizenCopy of the front and back of your green card
Applying for VA LoanCopy of DD Form 214
Copy of:
Photo ID
Proof of Social Security number
Statements for each bank, mutual fund, or investment account for the last 2 months

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