Mortgage Application Essentials

The documents you need to submit your mortgage application.

For a smooth and efficient mortgage application process, you'll have to gather some key documents lenders use to assess your financial situation and determine your eligibility.

1. Personal Documents

• Two forms of valid ID, one of which must have a photo
• Bank statements from the past two months (all pages)
• Bankruptcy discharge papers (all pages)
• Copy of complete divorce decree or legal separation agreement (all pages)
• Trust agreement

Tip
Documents aren’t required to be uploaded when submitting your application but will need to be provided to your mortgage loan originator afterwards.

2. Employment and Income Information

• Most recent pay stubs from your present employer reflecting year-to-date earnings and 30 days of pay
• W-2/1099 from the past two years
• Federal income tax returns, including all schedules from the past two years
• K1s for all entities listed on Schedule E of your personal tax returns — include corporate return if you have 25%+ ownership
• Year-to-date profit and loss statement (unaudited acceptable), signed and dated
• Evidence of child support or alimony income with a copy of canceled checks from the past 12 months
• Social security, annuity/retirement award letters, and disability income

Tip
Additional documents may be requested upon further review.

3. Property Paperwork

• Signed sales contract for the property being purchased
• Copy of your earnest money check
• Insurance agent’s name and phone number
• Mortgage statement, tax bill, insurance, and HOA dues statement for any properties you currently own
• Closing disclosure settlement statement from sale or purchase in the last 90 days

Tip
Providing all documents accurately and on time will expedite the mortgage approval process.