Mortgage Checklist

(516) 937-RATE

Mortgage Documents Check List

You may need the items listed below as a general rule:

Also alternative documents may be suitable depending on the loan program chosen.

Salaried Borrower Income

	Most recent Pay stubs (usually last month 2-4 periods) including year to date payroll information
	Last 2 years W2 forms
	Award letter or proof of income from: Social Security, Pension Plan, Disability payer,
	Rental Income (Schedule H, 1040) or any other income items reported.

Non Salaried Borrower Income (example: self employed, commission)

	Last 2 years form 1040
	Last 2 years Business tax returns, if applicable
	Year to date employment or business profit and loss statement
	Award letter or proof of income from: Pension Plan, Rental Income (Schedule H, 1040) or any other income items reported

All Borrowers - Assets

	Last 3 months bank statements ALL PAGES
	Pension, 401k, IRA statements, if they represent the source of funds used in the transaction
	Statements for any source of funds used in the transaction, including gifts

All Borrowers - Debts

	Last 12 months cancelled rent checks
	Payment book or statement on installment debt

Other Items

	Bankruptcy petition and discharge
	Final divorce decree paper

Credit Items

	Explanation letter for any slow pays, defaults, foreclosure, judgments/liens, bankruptcy or any credit inquiries within the last 90 days
	Proof that credit report past due balances, collections, judgments have been satisfied

Phone (516) 937-RATE

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