Typical Documentation Requirements for a Home Mortgage
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If You Are Paid A Salary or You Are Paid by the Hour: |
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1) Last 30 Days of Paycheck Stubs |
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2) Last 2 Months of Bank Statements for All Accounts |
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3) Last 2 Years of W2's |
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4) Copy of Your Driver's License or State ID |
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5) Copy of Your Social Security Card |
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If You Are Self-Employeed |
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1) Last 2 Months of Bank Statements for All Accounts |
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2) Last 2 Years Tax Returns with All Schedules |
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3) Year to Date P&L and Balance Sheet |
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4) Copy of Driver's License |
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5) Copy of Social Security Card |
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No Documentation and Stated Income Mortgages Are Also Available! |
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Other Documentation Typically Requested if Applicable |
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Divorce Decree Showing Property Settlement |
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Record of Child Support Payments showing 12 Month History |
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Last 2 Years of Your Residence Address(es) with your Landlord's Address(es) and Phone #’s |
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Bankruptcy Discharge Papers |
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Social Security Benefit Award Letter |
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DD214 for VA loans |
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Letter of Explanation for any Late Payments or Collections in the Last 12 Months. |
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