Mortgage Loan Documents

Provide, from all current jobs, your original pay stubs from the past 30 consecutive day period.

Provide copies of the last two years W2’s for all jobs worked during this period. If you are self employed or have performed work where you have received a 1099 these documents will be required as well. If you are applying for a stated income loan these documents may not be required.

You may be required to show proof that you have been renting for the period of the past 12 months. This can be in the form of 12 months worth of cancelled rent checks, front and back copies will be required, or, and this may be much easier, a “Landlord Verification of Rent form”. However you may not be required to include this information. If you were living with family member(s) during this time a letter from them may be required for verification.

If you choose to list child support or alimony as additional sources of income the cancelled checks may be required to show receipt of payment.

You may be required, unless going with a stated income / stated asset loan, to provide the last two months of bank statements, or brokerage account statements, for any assets that you have that may be considered liquid that you choose to disclose. Again, if you choose not to state these assets or you are going with stated asset loan these may not be required.

You will be required to present a legible copy of a government issued picture identification card for every applicant. Typically this document is a drivers license, however your loan specialist will provide you with a list.

You will need to provide a copy of the accepted offer or an agreement of sale / binder that has been fully executed and all parties have signed and must include all addenda.

A copy of the earnest deposit’s canceled check(s), which was most likely given with your accepted offer and/or the execution of the Purchase and sale agreements.