The Deal on Loan Docs

To all you buyers out there, just a reminder about these essential documents.

Getting a mortgage is a process, but there are things you can control. And that means pulling together legible copies of all the correct documents needed to submit a loan application so you can save yourself time, money, and stress.

Items Needed for a Loan Application:

  • Driver’s License and Social Security Card and/or Green Card
  • Pay Stubs for the last 30 days
  • Social Security and/or Pension Awards Letter
  • W-2s or 1099s for the past 2 years
  • Tax Returns for the past 2 years (all pages)
  • If self-employed, 2 years business tax returns and YTD profit/loss statement
  • Bank statements for most recent 2 months (all accounts/all pages)
  • Mortgage statements for any properties currently owned that are not being sold
  • Declarations page from property insurance policy from all owned properties
  • Copy of property tax bill from all owned properties

Always expect there could be additional items that underwriting requires for an approval as we progress, but if we begin with a strong foundation it will be easier and quicker to take you step by step through the loan from pre-approval to closing.

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