Document that may be needed for a Mortgage Application

PERSONAL Information 

• Photo Identification

• Evidence of Social Security Number

• Home address for past 10 years

• Name, address and phone number of all landlords from the past 2 years

EMPLOYMENT Information 

• Name, address and phone number of all employers for the past 2 years

• Employment contract if applicable

• Relocation and/or buyout package if applicable

• Academic transcripts/diploma if recent student

INCOME Information

SALARIED / HOURLY 

• Most recent pay stub(s) covering a 30-day period and showing year-to-date income

• All W2 and or 1099 forms for the past 2 years

IF SELF-EMPLOYED 

• Current profit & loss statement

• 2 years tax returns (all schedules)

CORPORATE BUSINESS OWNER

• 2 years signed business returns

• Evidence of quarterly tax payments

PARTNERSHIP

• 2 years signed partnership returns

• 2 years complete personal returns

• Current Profit and Loss statement

 RENTAL INCOME 

• Current lease agreement

• 2 years tax returns (all schedules)

 INTEREST, DIVIDEND, BONUS OR COMMISSION 

• 2 years tax returns (all schedules)

NOTES RECEIVABLE 

• Copy of actual note

• 2 years tax returns (all schedules)

 SOCIAL SECURITY DISABILITY OR PENSION 

• Award letter

• All W2 and / or 1099 forms for the past 2 years

• Evidence of recent receipt (check stub or bank statement)

• Proof of automatic deposit agreement if applicable

 CHILD SUPPORT, ALIMONY OR MAINTENANCE

• 1 year cancelled checks or proof of receipt of money

• Printout of court registry, if applicable 

ASSET Information 

• Most recent bank statements for the past 2 months for each institution where funds are on deposit including IRA's &401's.

• Estimated value of personal property, automobiles and real estate owned

• Copy of cancelled earnest money check

• Gift money letter / affidavit if applicable

• Copy of cancelled gift money check if applicable

• Evidence of deposit of gift funds (deposit slip)

• Evidence of donor's ability to give gift (their bank statement)

DEBTS and LIABILITIES 

• Name and account number for ALL creditors including but not limited to installment loans, car loans, credit cards, student loans, etc.

• Name, address and account number for all mortgages including current residence and rental properties

• Monthly child care expenses

• Child support, alimony or maintenance information 

MISCELLANEOUS 

•  Copy of signed listing agreement or sales contract if present residence is to be sold

• Copy of signed listing agreement or sales contract if present residence is to be sold

• Copy of signed purchase contract and any addendums

• Final divorce decree and complete separation agreement

• Previous Bankruptcy: Complete bankruptcy papers and discharge page

• Previous Foreclosure: Sheriff Certificate of Sale - to prove foreclosure date

• Previous Short Sale: HUD-1 Settlement document from sale of home