ESSENTIAL MORTGAGE PAPERWORK NEEDED

When applying for a loan, you’ll need to provide the lender with detailed documentation of your financial history. The type OF Loan will affect what documentation will be needed but it is important to understand ahead of time the type of paperwork you may be asked to provide

We here at Secured Lending Group will do our best to make it as easy as possible to understand what is needed, and why, and help guide you through the process as easily as possible. Additionally, in order to receive approval for a mortgage loan, we will request a credit report from a credit agency and verify the information in your loan application. Be prepared to provide the following paperwork:

  • Social Security Numbers: For both you and any co-borrowers.
  • Bank Statements: Copies of checking and savings account statements for the past two months.
  • Asset Documentation: Evidence of other assets such as bonds, stocks, or money saved in retirement programs (e.g., 401k or 403b).
  • Paycheck Stubs: Recent pay stubs to verify your income.
  • Tax Returns: W-2 withholding forms or income tax returns for the past two years to confirm your income and proof of employment.
  • Employment Verification: The name and address of someone who can verify your employment.
  • Residence History: Your residence history for the past two years.
  • Sales Contract: The sales contract for the purchase of a new home.
  • Homeowner’s Association Information: Contact information for the homeowner’s association if the property is a condo or part of an HOA.

Having this documentation ready will streamline your loan application process and help ensure a smooth and efficient approval process. Contact us today to learn more about the required paperwork and get started on your mortgage application