Spark Your Mortgage Loan Application Process

Applying for a mortgage loan can seem overwhelming. Do not worry, you are not the first person to feel that way. One of the best pieces of advice we can offer you when starting a mortgage loan application is to be organized.

By having your mortgage loan application documentation in order, and providing it in a timely manner, you will help get your application process off to a good start for both a purchase loan and a refinance loan.

The lists below contain some of the documents you may need to provide to complete the loan application process. Use them to help put your documentation in order.

Mortgage loan application documentation for a purchase loan

• signed purchase agreement
• last 2 years tax returns
• 2 years W-2’s and 30 days worth of current pay stubs
• 12 months cancelled checks for verification of rent
• 2 months copies of personal bank statements
• asset statement (401K, brokerage accounts, mutual funds, stocks, etc.)
• signed loan application
• rental agreements
• borrower’s signed authorization
• driver’s license and social security card

Mortgage loan application documentation for a refinance loan

• last 2 years tax returns
• 2 years W-2’s and 30 days worth of current pay stubs
• 2 months copies of personal bank statements
• asset statement (401K, brokerage accounts, mutual funds, stocks, etc.)
• signed loan application
• mortgage statement or coupons
• driver’s license and social security card
• insurance agents name and phone number

Do you have any mortgage loan application questions? Please do not hesitate to contact us or leave a comment below and we will do our best to assist you.

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