The following are standard requirements. Your lender may require more or less documentation.

Requirements for Obtaining a Mortgage Loan Deposit of $300-600 (credited to closing costs) Loan application (1003), completed and signed Complete last year and the previous years signed federal tax return forms, and last year and the previous years W2 federal forms Two most current pay stubs within 30 days for each borrower Current evidence of fire / hazard insurance policy Last three bank statements for all savings and checking accounts Green-card if non-citizens Award letters (social security, pension, retirement) Evidence of additional income (rental agreements, child support, alimony, military allowance) Requirements for purchases (if applicable): Purchase contract Landlord name and address (if borrower has rented within two years) Condo name, management company, address, and phone number (if condo) Recorded documents (quitclaim, death certificate, divorce decree, leasehold) Explanation letter for any gap in employment over one month within the past two years Gift letter for gifted funds Bank deposit receipt by donor Requirements for self employed borrowers (if applicable): Last year and the previous years signed federal corporate tax returns Last year and the previous years signed federal partnership tax returns Last year and the previous years and current (calendar or business year) year to date (YTD) signed Profit and Loss Financial Statements Current year to date (calendar or business year) signed state tax return forms Evidence of payment of year to date (YTD) state General Excise Taxes (canceled checks)

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