Mortgage Application Checklist!
In
general, the documentation you will need includes:
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Check for
application fee |
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Property Information (if you already have a contract on a house) |
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Purchase
Agreement. |
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If you are
selling your current home, copy of listing contract. |
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If you have sold your
current home, copy of settlement statement (HUD-1). |
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Income & Assets |
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Pay stubs
for the last 30 days. |
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For the
past two years: |
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Statements
for each bank, mutual fund, and/or investment account for the last three
months. |
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If you
have made any large deposits to your accounts: |
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If you own more than 25% of
a business: |
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If
self-employed: |
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If you own
rental property: |
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If you are
retired: |
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If you receive Social Security: |
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If you are counting child support as income: |
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Debts |
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Explanation of credit report
anomalies, including: |
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VA Loans |
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Copy of DD Form 214, Report
of Separation. |
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Miscellaneous |
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Photo ID and proof of Social
Security number. |
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Residence
addresses for the past two years. |
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If applicable, a copy of
your divorce decree. |
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If you are
not a citizen, a copy of the front and back of your green card. |
