Mortgage Application Checklist
Enjoy a smoother closing by gathering your paperwork before you apply
Here is a list of documents you and your co-borrowers may need to complete your mortgage application. Additional documents may also be needed later in the process.
Documents
Your most recent two years of your Form W-2 from your employer
NOTE: If you ARE SELF-EMPLOYED or you get paid any commissions, we also need your most recent two years of tax returns, signed.
- Your most recent one month’s pay stub(s)
- Every week Your last five pay stubs
- Every two weeks Your last three pay stubs
- Monthly Your last pay stub
Your most recent two years of your Form W-2 from your employer
- Your W-2 is given to you every year by your employer so you can do your taxes.
- A copy of your W-2 should be attached to your tax return, so you should be able to find it there.
- If you filed electronically, you or your tax preparer should have a copy of your W-2.
- Be sure to copy all pages of your statements (front and back). If you don’t receive paper statements, please print your entire online statement.
- Don’t forget to include all of your accounts (checking, savings and investments). Your accounts must show that you
- have enough money to afford your down payment and several mortgage payments.
- You will need to provide a detailed letter to explain any large deposits or withdrawals.
- Double check! Are the three months of statements your most recent?
NOTE: If you ARE SELF-EMPLOYED or you get paid any commissions, we also need your most recent two years of tax returns, signed.
- Don’t forget to include all pages and schedules. We don’t need copies of your state returns.
- If you own a business, we’ll also need the most recent two years of personal tax returns and any business returns you filed for your company (e.g., 1120, 1120S, Schedule K-1 / 1065).
- If you filed electronically, you can print a copy from your tax software or ask your tax preparer.
- Double check! Do all your returns have your signature? Have you included two years?