Mortgage Loan ChecklistLoan Application Checklist


  • Provide 2 most recent paystubs for the past 30 days.
  • Provide 2013 and 2014 W-2’s
  • Provide all pages and schedules for 2013 and 2014 personal Federal tax returns
  • If self employed, provide all pages and schedules of 2013 and 2014 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:
    • a. from the donor – bank statements showing the funds in the donor’s account and a copy of the check from the donor’s account
    • b. 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 one of the following; Social Security Card, Passport, Military ID
  • 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
  • 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