Innovative Mortgage Solutions

Mortgage Documents
Checklist

Documents you need to apply for a mortgage

What's the Mortgage Documents' Checklist?

When you apply for a mortgage, your lender will request documents that prove your income, assets, and other personal information.

To apply for a home loan, you will have to provide the lender with a mortgage documents’ checklist that shows your financial history. The lender will request a credit report from a credit agency and will verify the information provided in your loan application. Be prepared to provide The followings docs:

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Proof of Income Docs

  • Pay stubs (last 2 recent)
  • W2 forms (for the last 2 years)
  • Tax returns (for the last 2 years). 
  • 1099 forms (for self-employed)
  • Social Security award letter (if receiving Social Security benefits)
  • Profit and loss statements and/or business tax returns (for business owners)

Asset statements

  • Checking accounts statements
  • Savings accounts statements
  • Certificates of deposit
  • Bonds
  • Retirement accounts
  • Investment accounts
  • Business accounts

 

Other documents

  • Photo IDs
  • Divorce papers (if applicable)
  • Gift letter (if using gift funds)
  • Bankruptcy documents
  • Copy of ratified sales contract
  • Social Security card, ITIN, or similar documents
  • Business license (if self-employed)
  • Proof of rent payments/copy of lease

This checklist is not exhaustive. Each mortgage  is loan process and may require additional documents depending on the specific lender’s underwriting criteria.

We may use a digital system to access your bank statements, allowing for a quicker and easier verification of your assets, income, and employment. This process saves you time by automating these checks. We will only have access to your account(s) for the duration of the loan process. We make every effort to make sure your information is handled securely and kept confidential.

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