• Agent Resources
    • Why 3 Rates
    • Agent Jump Start
    • Seller Solutions
    • Agent Prequal
    • Mortgage Checklist
  • Videos
  • Resources & Tools
    • Mortgage Rates
    • Mortgage Calculators
    • Printable Forms
    • Free Consultation
    • Mortgage Checklist
    • Check Loan Status
  • Learning Center
    • Our Blog
    • Mortgage Glossary
    • How to Get a Loan
    • Why Use a Broker?
    • Type of Loans
    • Home Purchase Basics
    • About Us
    • Mortgage News
  • Apply Now
    • Pull Credit Report
    • Short Application

Mortgage Checklist

Download the Checklist So You Are Prepared

The following information is usually required during the loan process:

Identification:

  • Government Photo ID
  • Social Security Card

 

Source of Income

Employed (Salary/Hourly)
  • One month of paystubs
  • Past 2 years W-2’s and/or 1099s
  • 2 years tax returns
Self-Employed
  • Sole Proprietor
    • 2 years personal tax returns – all schedules
  • Business owner
    • K – 1’s
    • 2 years business tax returns (if 25% owner or more)
  • Retired
    • Social Security Award Letter
    • Pension Statements (if applicable)
  • Rental Income
    • Lease agreements for all rental properties
  • Child Support
    • Proof of 12 months receipt of Child Support (if you choose to utilize this income)

 

Statements for Deposits / Cash to Close:

  • Bank Statements for past 2 months – all pages
  • Investment/Retirement account statements for past two months – all pages

 

Additional properties owned – Liabilities

  • Current Mortgage Statements for all financed properties
  • Proof of property taxes and insurance premiums (if not listed on mortgage statement or if owned
    free and clear)

 

Major Life Events

    Divorce
  • Divorce Decree
  • Child Support
  • Initial Court Orders and any modifications
  • Bankruptcy
  • Bankruptcy Documentation
    Discharge papers
  • Buying after selling current home
  • Copy of Hud-1 Settlement Statement from the sale

 
* We understand that “life happens” and everyone’s scenario is not the same. Your loan team will
review your application and documentation and will let you know if additional items are needed

Follow Us

  • Facebook
  • Twitter
  • Youtube
  • Google Plus
apply now Pull Your Own Credit Report Download the Checklist So You Are Prepared

(208) 938-2228

Call now to get your FREE Strategic Mortgage Summary.

Source Mortgage Inc

531 S. Fitness Place
Eagle, ID 83615
(208) 938-2228

map

Resources & Tools

  • Mortgage Rates
  • Mortgage Calculators
  • Free Consultation
  • Check Loan Status
  • Printable Forms
  • Mortgage Checklist
  • NMLS ID – 1871 / 32760

Learning Center

  • Mortgage Glossary
  • How to Get A Loan
  • Why Use a Broker?
  • Types of Loans
  • Home Purchase Basics

Contact

  • About Us
  • Contact Us
  • Map to Our Office
Copyright © 2014 SOURCE MORTGAGE, INC. NMLS ID: 1871