Mortgage Checklist
The following information is usually required during the loan process:
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Pay stubs covering most recent thirty days
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W-2 statements covering the past two years
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Bank statements covering the most recent two months (with all pages)
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401(k), IRA, or mutual fund accounts showing most recent transaction summary
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Stocks or certificates of deposit (copies)
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Purchase and sales agreement (copy)
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12 months cancelled rent checks or the name and address of your current landlord (if applicable)
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Fully executed divorce decree (if applicable)
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Deed, hazard insurance policy, and most recent tax bill if you are refinancing (copies)
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A letter explaining any known credit problems or fluctuations in income
If you are self-employed, paid by commission, or own real estate used for rental purposes you will need to produce:
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Two years signed personal federal income tax returns including all schedules
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If self-employed through a corporation, the last two years' corporate returns as well as a year-to-date profit and loss statement and balance sheet
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If additional information or documentation is requested, please provide it immediately.
If you are retired, you will need to produce:
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Two years signed personal federal income tax returns including all schedules
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If self-employed through a corporation, the last two years' corporate returns as well as a year-to-date profit and loss statement and balance sheet
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If additional information or documentation is requested, please provide it immediately.
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401(k) or retirement account statement (if taking distributions)