Mortgage/Purchase/Getting Started

Mortgage/​Purchase/​Getting Started

Getting Started

To apply for a home mortgage, you’ll need to provide your lender with documentation to help verify your employment history, creditworthiness, and overall  financial situation. If you are applying with someone else (called a co-borrower, such as your spouse), they will also need to provide the same documents. Be prepared to provide the following:

Home loan documentation checklist (PDF)*
Keep track of the information you may be asked to provide when you apply for a home loan.

Documentation Needed


  • Provide most recent paystubs for 1 month
  • Provide W-2’s for the past two years
  • Provide all pages and schedules of last two years personal Federal tax returns
  • If self-employed, provide all pages and schedules of last two years business tax returns and corporate K-1’s
  • If retired, provide benefit award letter, last two years 1099’s, and all pages and schedules of last two years tax returns
  • If any rental income is received, provide copy of current lease agreement and mortgage statement
  • If VA and active duty personnel, copy of Statement of Service Letter and Off Base Housing Authority Letter


  • Provide ALL pages of most recent 2 months statements for all accounts; including all checking, savings, stocks, IRA, 401k, etc. The statements must show your name, account number and the name of the banking institution.
  • If funds to close will come from a gift, complete the gift letter and the following:
    * from the donor – bank statements showing the funds in the donor’s account and a copy of the check from the donor’s account
    * from the borrower – a copy of the deposit slip showing the gift check deposited into your account
  • If funds to close will come from sale of home, copy of Hud-1 from sale of home and deposit slip showing proceeds deposited into bank account


  • Copy of enlarged driver’s license and social security card
  • Copy of divorce decree (if applicable)
  • Copy of bankruptcy papers, including all schedules and discharge, and credit explanation letter for reason for bankruptcy (if applicable)
  • Letter of explanation on any late payments, collections, charge off’s or derogatory credit
  • Letter of explanation for all recent credit inquiries
  • If VA, Certificate of Eligibility or copy of DD214


  • A copy of the signed Purchase and Sales Agreement
  • Homeowners Insurance Agent’s name, address, and phone number for the subject property
  • If refinance, copy of note and mortgage statement from the current lender showing the account number
  • If you’re retaining your current residence, provide a mortgage statement showing taxes and insurance are included in the monthly payment
  • If you’re currently renting, provide your Landlord’s name, phone number and address. 12 months cancelled rent checks will be necessary for private landlords.
  • If you live with a family member, letter stating you live rent-free

Because a mortgage is such an important financial commitment, be sure to take your time and carefully fill out the application as completely and accurately as possible. Not disclosing credit problems up-front or holding back requested documents will only delay the process and potentially prevent approval of the mortgage, so it’s to your benefit to fully disclose everything about your finances.