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General Information You May Need to Finalize Your Mortgage Application

Social Security Number
For borrower and co-borrower

Employment History
Employment for two years; dates and addresses; salary; current pay stubs or W-2 forms
Check and Savings Accounts and Certificates of Deposits
Location of bank accounts, account numbers and balances; address of bank if out of town and be prepared to provide the last 3 months statements
Stocks, Bonds, and Investment Accounts
Broker's name and address, description of stocks, bonds, etc. and the last 3 months statements or copies of stock certificates
Life Insurance Policies
Insurance company, policy number, face amount, cash value, if any
Retirement Plan
Approximate vested interest value, copy of latest statement
Make and model of automobiles, their resale value if possible
Other Assets
Market value of personal and household property
Liabilities and Other Non-Mortgage Debt
Creditors names, addresses, account numbers, monthly payments, and balances
Real Estate Information You May Need to Finalize Your Mortgage Application

Current Property Information:

If you own real estate
Name and address of all mortgage lenders for the past 24 months, account numbers, monthly payments and balances

You've sold your home but not closed
A copy of the sales contract
You've sold your home, closed, and will be used for down payment
A copy of the HUD 1 Uniform Settlement Statement
If you rent
Name, address and phone number of landlords for the past 24 months

Property Being Purchased

Purchase sales contract or offer to purchase and all addendums
Furnish contract with original signatures of buyer and seller

Other Documents That You May Need to Finalize Your Mortgage Application

Gifts to be used to qualify
If a source of your down payment is a gift, provide name, address and relationship of donor. Gift funds will be verified in both the donor and recipient's accounts.

FHA Financing
Provide evidence of Social Security Number and photo identification
VA Financing
Provide DD214 and Certificate of Eligibility
Construction/Perm Loan
Signed construction with cost breakdown, builder plan and specifications
Income Documents That You May Need to Finalize Your Mortgage Application

If Self-employed
Furnish 2 years tax returns, profit and loss statements, both company and personal if separate. Current balance sheet and profit and loss statement if more than two months into the new fiscal year, signed by CPA.

Non-salaried Income
Personal federal income tax returns for the past 2 years, if you have income from:

  • Commission
  • Overtime
  • Bonus
  • Partnership
  • Rental Property
  • Trust
  • Notes Receivable
  • Interest/Dividends
Employed in Family Business
Personal federal income tax returns and all schedules (past 2 years)
Divorced or Separated
Complete executed divorce decree and settlement agreement. Payment history of alimony/child support over the past 12 months, if it is a financial obligation. If you choose to have this be considered as part of your income,
be prepared to provide 12 months canceled checks or bank statements reflecting income deposits.
Application Costs You Need to Consider

Application Processing Fees:

  • There are fees associated with the mortgage application that may vary by lending institution. Credit report fees can cost from $25-50. The appraisal can run anywhere from $250-500, depending on the area of the property that needs to be appraised.

  • Check with your lending institution for exact fee-related charges. Some lenders may require that you pay the fees upfront before they process your application


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