Almost every mortgage lender requires that you provide the following documents in order to obtain a new mortgage loan:
- Past two (2) years W-2 statements
- Pay Stubs covering the last (30) thirty days
- Two most recent months bank statements
- Most recent transaction summary of 401(k), IRA, or mutual fund accounts
- Photocopies of any stocks or certificates of deposits
- A letter of explanation for any known credit problems
- If you are currently renting, either 12 months of canceled rent checks or the name and address of your current landlord
- Proof of homeowners insurance or a “walls in” HO-6 policy if the property is a condominium.
More Required Documents
For specific situations, other documents are also required.
For a refinance:
- A copy of the deed, and most recent tax bill
For a home purchase:
- A signed purchase contract
- Realtor contact information
- Condo Association contact information.
For a VA Loan:
- DD Form 214 (Long Form)
If you are divorced:
- A fully executed divorce decree
If you are self-employed:
- Two (2) years signed personal tax returns – including all schedules
- If self-employed through a corporation, last two years corporate returns as well as a year-to-date profit and loss statement and balance sheet
Different loan programs require varying amounts of documentation. The specific loan program you select may have more or less required documents.
Please contact one of our friendly mortgage specialists for a personalized, no-obligation consultation about your specific mortgage needs.