Mortgage Loan Checklist

Use this as an organizing guide. Documentation varies by borrower, loan program, property, and underwriting review. John will tell you exactly what applies to your loan.

Common application documents

These are the kinds of items many borrowers are asked to provide early in the process.

Recent pay stubs covering roughly the last 30 daysIf you are paid in a way that is not reflected in standard pay stubs, John may ask for different income documentation.
W-2 forms from the prior two years
Current government-issued photo identification
Recent bank statements for accounts being used in the transactionInclude all pages, even when a page appears blank or contains only disclosures.
Explanations or documentation for credit inquiries, if requested
Federal tax returns with schedules, if required for your income or loan program

Once you are under contract

These items usually become relevant after a property and transaction are identified.

Executed purchase contract
Proof of earnest money deposit, when applicable
Homeowners insurance quote or binder when requested
Gift documentation if any transaction funds are being gifted

Additional documentation that may apply

If these situations apply

Not every borrower will need these. Keep them in mind if they are part of your financial picture.

Divorce decree or separation agreement when it affects income, assets, or obligations
Current mortgage statement for other real estate you own
Recent property tax and insurance information for other properties owned
Bankruptcy discharge and related documentation, if applicable

Self-employed or commissioned income

Income that is variable or tied to a business often requires a deeper documentation trail.

Personal tax returns for the prior two years, with schedules, when required
Business tax returns for the prior two years, when required
1099s, K-1s, or other business income records that apply to your situation
Business license or current business documentation, if requested

Notes or questions for John

Use this space for items you still need to locate, questions about what applies to your file, or follow-up items from John.