Mortgage Checklist

FOR PURCHASE AND REFINANCE

Below is a typical list of items that would be requested by a lender as part of the
qualification process for obtaining a real estate loan.

• Loan application: Completed
• General loan disclosures: Signed and dated
• Federal tax returns: two most recent years filed
• W-2s: Two most recent years filed
• Pay stubs: Covering 30-45 days recent pay cycle
• Social security: Two year 1099 and annual benefit letter
• Corps/LLC/Partnerships: Two most recent years filed returns
• Subject property: Copy of mortgage statement and homeowners insurance
• Rental properties: Copy of mortgage statement and homeowners insurance
• Renters: Name and contact info for landlord
• Two months Bank statements for all assets listed on loan application (all pages)
• Explanation letter for any non payroll large deposits and copy of cancelled checks
• Credit: Explanation for recent inquiries and derogatory late payments
• Copy of drivers license
• Copy of business license if self employed
• Divorce/alimony/child support: Copy of recorded decree