The documentation required when applying for a loan or line of credit varies based on your situation and the type of loan you’re seeking. The documentation listed below is a very thorough list, but we may need less—or more—based on your situation and loan requirements, so please call 888-524-1183 to discuss your lending needs.
We’ll walk you through the documentation required and will even send you a checklist to help you in the documentation gathering process.
Commonly Requested Documentation
When Applying for a Mortgage
Residence information for past two years including:
- Number of years at the location
- Address, city, state, and zip
Monthly income. Include all sources such as:
- Base Salary
- Overtime
- Bonuses
- Commission
- Dividend Interest
- Rental Income
List of all assets. This may include items such as
- 401K statements
- IRA statements
- Stock and Bond information
Banking/Financial Institution information including the name, address and account number for:
- Checking and Money Market Accounts
- Savings Accounts
- Stocks and Bonds
- Retirement Funds
- Mutual Funds
Employment information for the last 2 years. Include:
- Employer name
- Address
- Phone number
- Job title
Total housing expenses. Including:
- Current rent or mortgage payment
- Other financing such as second mortgages or equity lines
- Hazard insurance
- Real estate taxes
- Mortgage insurance
Learn more about what a mortgage broker is and how one can help you, then give us a call at 888-524-1183. We’re sure you’ll see the Westchester Mortgage difference!