Paperwork Needed

To apply for a loan, you will have to provide the lender with detailed documentation of your financial history. The lender will request a credit report from a credit agency and will verify the information provided in your loan application. While the pre-approval may only require verbal documentation, be prepared to provide the following written documentation for final loan approval:

  • Social Security numbers and driver's license for both you and any co-borrowers
  • Copies of checking and savings accounts statements for the past two months
  • Evidence of any other assets such as bonds, stocks, or money saved in retirement programs (i.e. 401k or 403b program)
  • Recent paycheck stubs
  • W-2 withholding forms, or income tax returns for the past two years to verify your income and proof of employment
  • The name and address of someone who can verify your employment
  • Verification of any fixed income such as social security, retirement, child support
  • Residence history for the past two years
  • Sales contract for the purchase of a new home / land
  • Homeowner's association information if property is a condo or part of a homeowner's association
  • Copy of DD214 form if applying for VA financing