Be prepared for your meeting with your mortgage lender. Have the following documention with you and review it for accuracy.

Applying for a mortgage can be a daunting task, but if you are prepared it will be less stressful and help your lender move things along smoothly.

  • Employment information.
    Include current contact information for all your employers in the last 2 years
     
  • W-2s.
    These forms should have been given to you from your employer.
    Include W-2s the last two years filed
    You may also want to make a list of any additional sources of income such as self-employment income, pension’s, rental income, child support or alimony or social security.
     
  • Pay stubs.
    Include pay stubs received in the last 30 days.
     
  • Federal income tax returns.
    Include tax returns filed in the last 2 years
     
  • Bank statements.
    Bank statements for any/all your accounts for the last 2 months
    Providing these statements will verify that amount of cash available for your down payment
    In the event that a portion of your down payment is a gift, grant or assistance program, you may need to provide documentation to verify this as well
     
  • Current debts.
    Make a list of any/all debts you have with company names, account numbers, balances and minimum monthly payments

Your lender may have already given you a list of items required and if not use this as a guideline. Most institutions will require similar documentation, but check with your lender first as they made need additional information from you.