What Documentation Do I Need For a Home Loan?

One of the most confusing things when getting a mortgage is what type of documentation is required. While your loan officer will tell you exactly what you need to provide, when they need it, here is a general guideline of what documentation you should expect to have on hand during the steps of your new home loan:

During Pre-Approval:
1. Tax Returns (at least one year; if self-employed or commission typically 2 years)
2. W2s (last 2 years)
3. Pay Stubs (last 2 years with year-to-date earnings)
4. Bank Statements (last 2 months)
5. Investment Account Statements
6. Copy of Your Driver's License or Photo ID
7. Credit Report

Submitting An Offer:
1. Copy of Your Pre-Approval Letter
2. Sales Contract (signed and dated)
3. Any Addendum

At Closing:
1. Sales Contract (signed by Buyers and Sellers)
2. Title
3. Title Insurance
4. Copy of Your Driver's License or Photo ID
5. Deed
6. HUD-1 Statement
7. Survey
8. Proof of Home Insurance (if required by lender)
9. Proof of Required Repairs
10. Checks