What Do I Need For a Mortgage Application?

When applying for a mortgage loan, lenders require several pieces of personal information and documents. To help speed up the process and ensure you are prepared, we have compiled a list of items you’ll need to review and make sure you have ready for your mortgage consultation.
Personal Information To Have Ready
  • Property information including address
  • Social Security number(s) of applicant(s)
  • Employment information for the previous two years
  • Income information – including salary, overtime, bonuses, commissions, dividends, interest, retirement and any other source of ongoing income
  • Present rent or mortgage payment information – including payments, taxes, dues and insurance
  • Liquid assets – including name of financial institution, account type and balance including retirement and investment statements
  • Amount of cash available for the deposit towards purchase
  • Property owned – including current residence, businesses owned, vehicles and a value estimate of remaining personal property
  • Liabilities for all open accounts – including account number, names, complete mailing addresses, balances and minimum monthly payments
  • Child support or alimony funds
Documents We Will Need
  • Most current pay stub and W-2 for the past 1-2 years or W2 Forms
  • Statements for all non-CVFCU accounts for the previous two months
  • If renting, the name, address and telephone number of any landlord(s) for the previous two years
  • Purchase contract and copy of the canceled check from deposit
  • If retired, a pension statement or awards letter
  • Separation documents and divorce decree, if applicable
  • If child support or alimony is used as income, the most recent twelve-month history of receipt is required
If you are self-employed in addition to the items listed above:
  • Two years’ tax returns with signatures including all schedules, a current balance sheet or a current profit and loss statement