Mortgage Documents

Knowledge Center

Mortgage Documents Checklist

A comprehensive guide to all the documents you'll need when applying for a mortgage loan.

Being prepared with the right documents can significantly speed up your mortgage application process. Below is a comprehensive checklist organized by category. Items marked with are typically required, while others may be needed based on your specific situation.

Income Verification

Pay Stubs

Required

Most recent 30 days of pay stubs from all employers

W-2 Forms

Required

W-2 statements from the past 2 years

Tax Returns

Required

Federal tax returns (all pages) from the past 2 years, including all schedules

Employment Verification

Letter from employer confirming position, salary, and length of employment

Self-Employment Documents

Business Tax Returns

Required

2 years of complete business tax returns

Profit & Loss Statement

Required

Year-to-date P&L statement prepared by accountant

Business License

Current business license or registration

1099 Forms

Required

All 1099 forms received in the past 2 years

Asset Documentation

Bank Statements

Required

2-3 months of statements for all checking, savings, and money market accounts

Investment Accounts

Required

Recent statements for stocks, bonds, mutual funds, and retirement accounts

Gift Letter

If using gift funds, a signed letter from the donor stating it's a gift, not a loan

Large Deposit Explanation

Documentation for any large deposits not from regular income

Personal Identification

Government-Issued ID

Required

Valid driver's license, passport, or state ID

Social Security Card

Required

Or documentation showing your SSN

Proof of Residency

Utility bill or lease agreement with current address

Property Documents

Purchase Agreement

Required

Signed contract between buyer and seller

Property Insurance Quote

Required

Homeowner's insurance quote or binder

HOA Documents

If applicable, HOA fees and contact information

Credit & Debt Information

Credit Report Authorization

Required

Signed authorization to pull credit report

Debt Payoff Letters

If paying off debts to qualify, letters showing the accounts will be closed

Bankruptcy Documents

If applicable, discharge papers and filing documents

Rental History

12 months of rent payments (canceled checks or landlord letter)

Pro Tips

Document Preparation Tips

01

Keep Documents Organized

Create a dedicated folder (physical or digital) for all mortgage-related documents. Label everything clearly.

02

Use Complete Statements

Always provide all pages of bank statements and tax returns, even if some pages are blank.

03

Ensure Documents Are Current

Most documents should be dated within 30-60 days of your application. Check with your lender for specific requirements.

04

Avoid Large Transactions

Don't make large deposits, withdrawals, or purchases during the mortgage process without consulting your lender.

Need Help Gathering Documents?

I can provide you with a personalized checklist based on your specific situation and loan type.

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