When Applying for a Home Refinance or Home Purchase it is very important to get the proper documentation together. When gathering your documentation make sure to double check and confirm you have included all the applicable information to your new loan. The loan applications that have all the paperwork included in the file will lead to a much smoother loan process and quicker approval from underwriting departments.
Mortgage Loan Application Documentation Checklist
Mortgage Loan Application Documentation Checklist
- Last 2 years W2 and/or 1099's
- Last 2 years federal income tax returns 1040's all pages
- 1 month of most recent paycheck stubs
- Last 2 months of bank statements (print all pages)
- Most recent statements for IRA, 401K or stock account (print all pages)
- Most recent mortgage statement on subject property and any additional properties owned.
- Evidence of insurance on subject property and any additional properties owned.
- Contact information for Insurance agent
- Copy of Driver License
- Social security awards letter
- Disability awards letter
- Pension awards letter
- Certificate of Eligibility for VA Loans (Military Veterans)
- Alimony or child support court documentation if applicable
- Student loan repayment terms if they are in deferment
- Copy of Divorce Decree/Child Support Order (12 months bank statements if receiving support)
- Complete copy of bankruptcy papers and all discharge papers
- Copies of rental agreements and property tax statements for any rental properties owned
- Visa and Residency documentation if non U.S citizen