Pennsylvania Mortgage Advisors

Documents Required for Mortgage Loan

Documents Required for a Mortgage Loan

Whether for a mortgage pre-approval or a standard loan application, you'll be asked to provide all kinds of information to show proof of identity, residency, income, and financial assets to help the lender determine your eligibility and creditworthiness. Here’s a general checklist to help you get organized, although not every item applies to every situation. We recommend that you create a digital copy of these documents, scan or take a clear photo with your phone,  for each person to be listed as a borrower.

  • Driver’s License
  • Pay stubs for the last 30 days
  • Most recent 2 years W2s
  • Most recent 2 years 1040s
  • Federal income tax filing from last 2 years
  • Year-to-date profit and loss statement and current balance sheet (if self employed)
  • Award letter and copy of most recent check for retirement, Social Security, or disability income

If you are refinancing:

  • Homeowner’s insurance policy declarations page
  • Most recent mortgage statement

In some cases, your lender may ask for more documentation on financial assets including:

  • 2 most recent monthly statements for any Checking / Savings Accounts
  • 2 most recent monthly statements for any Stocks / Mutual Funds:
  • Most recent quarterly statement for any 401K / Retirement Accounts

The more prepared you are, the faster the loan process will move.

When sending sensitive information, use our secure document portal.