Applying for a mortgage can feel overwhelming, but having a clear checklist can make the process smoother and less stressful. Here's a comprehensive list of everything you need to gather before starting your mortgage application:
Proof of Identity
Valid ID (Driver’s License, Passport)
Social Security Number
Proof of Income
Recent pay stubs (last 2-3 months)
W-2 forms (last 2 years)
Tax returns (last 2 years, if self-employed)
Bank statements (last 2-3 months)
Employment Verification
Contact information for your employer
Proof of employment (letter from employer, if requested)
Credit Information
Authorization to pull your credit report
Explanation of any credit issues or inquiries
Assets and Liabilities
Statements for savings, retirement, and investment accounts
List of all debts (credit cards, car loans, student loans, etc.)
Property Information
Sales contract (if purchasing a home)
Homeowners insurance information (if applicable)
Information on the property you’re refinancing (if applicable)
Being organized and prepared with these documents will help expedite your mortgage application process and make your journey to homeownership much smoother.
At Metro Park Mortgage Group, we're here to help you navigate every step of the mortgage application process. Our experienced team can guide you through gathering the necessary documents and ensuring everything is in order for a successful application. Contact us today to get started on your path to homeownership!
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