10 Things a Lender Needs From You

Getting approved for a mortgage can be cumbersome and time consuming.

Get a jump on things by rounding up these necessary documents:

1. W-2 forms and tax returns (or business tax forms if you’re self-employed) for the last 2 - 3 years for each person signing on the loan.
2. Copies of one or more months of pay stubs for each person signing on the loan.
3. Copies of 2 - 4 months of bank statements for both checking and savings accounts.
4. Copies of the most recent brokerage or investment account statements.
5. A list of any other major assets (i.e. a boat, RV, or stocks/bonds not held in a brokerage account).
6. Copies of your most recent 401(k) or other retirement account statement.
7. Documentation to verify additional income (such as child support, pension, etc)
8. Account numbers for all credit cards and the amounts of any outstanding balances.
9. Lender, loan number, and amount owed on any other installment loans (student loans, car loans, etc).
10. Addresses where you have lived for the last 5 - 7 years (including names & contact info for landlords if applicable).