Gathering the required financials to apply for a mortgage loan can be a cumbersome process. Below is a list of common documents required to get the process started. Providing a complete set of financial documents will ensure your loan application is processed smoothly and your application is approved quickly.
For a refinance, you will need:
- Last 2 pay stubs evidencing 30 days income
- Last 2 years of W2s
- Last 2 months of bank statements with all pages even if they are blank
- Most recent mortgage statement
- Homeowner’s insurance declaration page
For a purchase, you will need:
- Last 2 pay stubs evidencing 30 days income
- Last 2 years of W2s
- Last 2 months of bank statements with all pages even if they are blank
- Fully executed purchase contract
If self-employed, please provide:
- Last 2 years personal tax returns with all pages and schedules
- Last 2 years business tax returns with all pages and schedules
If you own more than one, property provide:
- Most recent mortgage statement for each property, if applicable
- Homeowner’s insurance declaration page for each property
- Lease agreement for each property
Helpful tips to avoid delays:
- Do not white-out or cross out any information or alter the documents in any way.
- Provide all pages of the bank statement even though it may be an advertisement or blank.
- Remember to address any address discrepancies or large deposits in your bank account.
If you have any questions, feel free to contact us at 855 549 7001