Steps to Buying a Home - Mortgage Checklist

The following information is usually required during the home loan process:

• Proof of identity and address
• Your Social Security number
• Current pay stubs (or, if self-employed, your tax returns for the last two years)
• W2s from current and previous employers
• Bank statements for the past two months
• Investment account statements for the past two months
• Homeowners insurance policy
• Retirement account statements for the past two months
• Make and model of vehicles you own and their resale value
• Credit card account information
• Auto loan account information
• Personal loan account information
• List of assets
• List of debts
• Signed sales contract

If you currently own real estate:

• Mortgage account information
• Home insurance policy information
• Home equity account information (if applicable)

More information you might be asked to provide:

• Canceled mortgage or rent checks
• Gift letter (if you’ll be using gift funds for your down payment, proof that it’s a gift and not a loan)
• Divorce decree (if applicable)
• Bankruptcy documents (if applicable)
• Proof of additional income
• Profit and loss statements (if self-employed)