Mortgage Loan Application Checklist
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Mortgage Loan Application Checklist | Be Prepared

Mortgage Loan Application Checklist

1. Residence History

You will be asked to provide the street address for every residence you have lived in during the past two years.

If you are currently renting, bring:

Landlord's address

Landlord's phone number
If you own your current residence, bring:
Mortgage lender's name
Mortgage account number
This information will be used to get the payoff amount for your present mortgage.

2. Employment History

Bring your paycheck stubs with
  • Employer's name
  • Employer's address
  • Employer's phone number
  • Income Information Also bring:
  • Gross monthly salary or other income
  • Year-to-date pay stub
  • W2s for the past one year. (Depending on your situation another year may be required.)
  • Signed tax returns if you worked on commission
  • Signed tax returns if you wish to use interest, dividend, or bonus income to qualify for your loan

    3. If you're self-employed, you should bring:

  • Signed tax returns for the past two years
  • Current Profit & Loss Statement
  • Current Balance Sheet
    If you are not currently employed, bring:
  • Proof of other sources of income*

    4. Deposit, Retirement, and Equities Account Information

    For all Checking, Savings, IRA, Retirement, 401(k), Stock, and Mutual Fund accounts, supply
  • Name and address of the financial institution holding the account
  • Account number
  • Account balance
  • Statements for the past two months

    5.Debt Information Debts will be determined from your credit report.

    6. Real Estate Information
    For all real estate you own, bring:

  • Address of the property
  • Market value
  • Loan information
  • Copies of leases on any rental property you own


    Personal Property Information
  • Estimated value of any personal property such as autos and home furnishings.

    8. Sales Contract

  • Bring the completed and signed sales contract for the property you are purchasing. Contract should be signed by both seller(s) and buyer(s)


    Be prepared to make a payment for:
  • Property appraisal
  • Credit report
  • Flood certification
    These fees are determined by the lender and local customs. You should expect to pay $250-$350 for an appraisal, $15 for the credit report and about $8 for the flood certification.

    10. Identification

    Bring one of the following forms of government-issued photo ID:
  • Drivers license
  • State-issued non-drivers ID
  • US military ID

    11. VA Loan Applicants If you're applying for a VA Loan, bring:

  • Military discharge papers (Form DD214)
  • Certificate of Eligibility *Alimony, child support or separate maintenance income need not be revealed if you do not choose to have it considered as income for repaying the loan.
  • Construction Draw Schedule

    Loan Assumption Agreement

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