Mortgage Loan Document Checklist

(Your lender may request additional documents depending on your situation.)

Basic Documents

• Completed online application (with SSN to pull credit)
• Last 2 pay stubs
• Last 2 years’ W-2 forms
• Last 2 months’ bank statements for all accounts being used for down payment, closing costs, or reserves
• Best contact for employment verification

If You Receive Bonuses, Commissions, or Non-Base Pay

• Last 2 years’ end-of-year pay stubs (lender averages bonus/commission over 2 years)

If You’re Self-Employed or Have Non-Wage Income (rental, royalty, partnership, dividends)

• Last 2 years’ federal tax returns with all schedules
• K-1s for all entities shown on tax return
• Year-to-date profit and loss statement (to show income trend is steady or improving)

If You Own 25%+ of a Partnership or Incorporated Business

• Last 2 years’ federal corporate tax returns

If You Own Real Estate

• Current mortgage statement
• Homeowners insurance policy
• HOA statement confirming dues (if applicable)
• Property tax bill
• For rental property: Copy of current lease OR approximate market rent

Additional Documents (If Applicable)

Divorce: Marital Settlement Agreement & Final Divorce Decree

Bankruptcy (last 7 years): Bankruptcy discharge paperwork;

If Chapter 13: Payment history + letter from court confirming on-time payments

Student Loans: Statement showing loan terms (if in deferral)