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Supporting documents checklist
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 hen you receive your loan package, your lender will ask you to send copies of certain documents to verify the information in your application.
The table below shows which documents are normally required. (Your loan package will tell you if additional documents are needed.) Help speed your approval by getting these documents together now, so you'll be ready to return your loan package right away.
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| Job income documents |
| If you're salaried: |
- W-2 forms for the most recent 2 years
- Payroll-stubs for past 30 days (showing YTD earnings)
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| If you earn commissions: |
- Fed tax returns for past 2 years
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| If you're self-employed: |
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| Non-job income documents |
| Rental income: |
- Fed tax returns for past 2 years plus rental agreement(s)
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| Retirement/social security: |
- Award letter, tax returns, or bank statements if direct-deposit
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| Alimony/child support: |
- Divorce decree/separation agreement (canceled checks may be necessary)
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| Interest/dividends: |
- Fed tax returns for past 2 years
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| Other income: |
- Provide appropriate documentation<
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| Property documents |
| If you're refinancing: |
- Copy of homeowner's hazard insurance policy
- Copy of property tax bill
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| If you're buying: |
- Purchase/deposit agreement (signed by buyer and seller)
- Condos and PUDs may require additional documentation
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| Asset documents |
If your down payment/closing
costs will paid from: |
| Personal assets |
- Copies of account statements for past 3 months
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| Gift cash |
- Letter from provider of gift
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| Proceeds from sale of current home |
- Copy of closing statement (HUD-1)
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| Credit documents |
| If you own your current home: |
- Year-end and most recent mortgage statements
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| If you'll be paying off loans/credit cards: |
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If you have any derogatory items
(e.g. past due payments):
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- Written explanation with documentation (if applicable)
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Self-employed income documents |
| If you are self-employed as a: |
| Sole proprietorship |
- Personal fed tax returns for last 2 years (signed)
- Most recent YTD P/L statement (signed)
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| General partnership |
- Same as for sole proprietorship plus fed tax return forms K-1 and 1065 for last 2 years (signed)
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| Limited partnership |
- Same as for sole proprietorship plus fed tax return forms K-1 and 1065 for last 2 years (signed)
- Copy of limited partnership agreement
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| Corporation |
- Same as for sole proprietorship plus fed tax return forms 1120 for last 2 years (signed)
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| S-corporation |
- Same as for sole proprietorship plus fed tax return forms K-1 and 1120 for last 2 years (signed)
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