Mortgage Loan Documentation Requirements

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Mortgage Loan Documentation Requirements

Rob Grindle Mortgage Banker, NMLS #462766

Buying a house can be overwhelming. Whether it’s your very first house, second, or even third, it’s always helpful to talk through the necessary steps to owning a home. Finding the perfect home can take weeks or even months. No matter how long your search is, one thing is for certain: When you find “the one,” you want things to move along quickly to secure your financing. An important step in maintaining a smooth, hassle free process is making sure that you have the necessary loan documents readily available.

Below is a simple checklist to use when you are applying for a mortgage.

  • Previous three years of Federal Tax Returns with all schedules, A, C, E, if any
  • Previous three years of W2s for ALL jobs
  • Five recent pay stubs showing year to date earnings
  • Two recent checking and savings statements (All pages, including blank pages and cancelled check pages
  • One recent 401k, 403B and/or IRA statement
  • Photo ID

By having all of the required documents in place, the more likely the home buying process will be quick and efficient. Remember, the more organized you are prior to finding that dream home, the sooner you’ll be able to call it your own.

Rob Grindle Mortgage Banker, NMLS #462766 EHL-wFDIC_286

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