Financial Records Checklist

When you apply for a mortgage, your lender will ask for Social Security numbers for all borrowers and for information found on various financial documents. The process will go smoother if you bring these records with you.

⃞ Signed purchase agreement

⃞ Listing sheet on the home

⃞ W-2s, 1099s, or Social Security Award letters from the last year

⃞ Address(es) for the last two years

⃞ Names and addresses for all employers for the last two years

⃞ Last paycheck stub showing year-to-date income for all borrowers

⃞ U.S. tax returns, including all schedules for the last year if you are self-employed or have commission income

⃞ Current statements for all credit cards, installment loans, mortgages

⃞ Current statements for all savings, certificates, mutual funds, and other investments

⃞ If divorced, copy of filed divorce decree and property settlement

⃞ If using child support maintenance or alimony to qualify, copies of the last 12 months pay received

⃞ If disabled, verification of Social Security disability payments and pensions

⃞ If self-employed, two years of 1040 tax returns and current profit and loss statement