Quick answer
Government ID, recent pay stubs, W-2s for two years and tax returns if self-employed or with other income.
Key takeaways
- Recent bank statements, especially if funds are needed to close. Assets
- Recent mortgage statement and payoff information, plus any second lien statements. Current mortgage
- Homeowners insurance declarations and HOA information if applicable. Property
Identity and income
Government ID, recent pay stubs, W-2s for two years and tax returns if self-employed or with other income.
Assets
Recent bank statements, especially if funds are needed to close.
Current mortgage
Recent mortgage statement and payoff information, plus any second lien statements.
Property
Homeowners insurance declarations and HOA information if applicable.
Explanations
Letters explaining credit events, large deposits or employment gaps.
Tip
Upload complete statements with all pages through a secure portal.
Self-employed and other income
Self-employed borrowers typically provide two years of personal and business tax returns, and possibly a year-to-date profit and loss statement. Retirement, disability, child support and alimony income need award letters, court orders or other documentation showing it will continue. Rental income from other properties requires leases and tax returns. Providing these up front avoids delays.
Title and payoff items
The title company will request payoff letters from each lienholder and may ask about any judgments or liens that appear in the title search. Respond promptly, and tell your lender about any recent divorce, deaths of co-owners or trusts holding title, because each affects who signs documents at closing.
Keep copies
Keep copies of everything you submit, labeled by date. If your loan officer or processor changes, an organized set of documents prevents duplicate requests and helps you answer questions quickly.
Sources
Sources reviewed . General education only; confirm current rules with official sources and a licensed lender.
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