Home Loan Application Checklists

When getting a mortgage, every situation is unique and may require more (or less) documentation. This is a list of the most common documents you may need when applying for a loan. I know this list may look long, but don’t worry, we have secure online tools to help you find and provide them.


All Borrowers:

  1. Copies of W-2s and complete tax returns for the past two years
  2. Copy of driver’s license for all borrowers
  3. Two recent consecutive pay stubs showing year-to-date earnings (within the past 30 days)
  4. Complete copy of checking and saving account statements for past two months
  5. Complete copy of most recent statement for retirement or investment account(s)

Self-Employed Borrowers:

  1. Copy of 1099s for the past two years
  2. Complete copy of your past two years’ business tax returns
  3. Two most recent years’ K-1s (report of each partner’s share of tax items)
  4. Current profit and loss statement (Form 1040 or Schedule C) and year-to-date balance sheet
  5. Copy of most recent three months business bank statements

Note: If you have not been self-employed for two years, W2s documentation may be requested. But remember, I’m here to help you understand what documents will need to be provided.


Purchasing Your Next Home:

  1. Most recent mortgage statement for the current home
  2. Purchase agreement for the new home
  3. Property tax bill for your current home
  4. Homeowner's insurance policy for your current home and quote for the new home

Refinancing Your Home:

  1. Copy of most recent mortgage statement for current home
  2. Copy of the note if FHA, VA, or USDA
  3. Details of any other loans (second mortgages, lines of credit, etc.)
  4. Copy of homeowners insurance declarations page
  5. Current appraisal of the home

Documents Which May Be Requested:

  1. Relocation agreement if move is financed by employer
  2. Receiving gift funds for down payment or closing costs and donor gift letter
  3. Previous bankruptcy or foreclosure - complete copy of discharge papers
  4. Divorce decree if paying or receiving child support and/or maintenance
  5. Copy of Social Security or disability award letter or other proof of income and continuance for three years
  6. Original certificate of eligibility and copy of DD214 discharge paper
  7. Name and address of nearest living relative or power of attorney

Don’t forget, I’ll be your guide every step of the way to keep collecting documentation and the entire loan process simple.