Mortgages

Documents Needed

To expedite the mortgage approval process, bring these items for application:

• Photo identification
• Social security numbers for all borrowers
• Recent paystubs covering the last 30 days
• Last two years W-2s
• Retirement statement (pension/social security)
• Last two months bank statements (all pages of statements)
• If self-employed, paid by commission or rental income. Two years of federal tax returns (including all pages and schedules)
• Fully executed purchase agreement (if buying a home)
• Current mortgage, insurance and property tax statements on all property currently owned (primary and rental)
• If applicable, signed divorce decree and marital settlement

If you are planning to build a home, additional construction loan documentation needed:

• Signed builder's contract
• Construction specifications/plans and drawings
• Draw schedule from the builder