Preparing for a Mortgage Pre-approval

Applying for a mortgage and getting through the approval process can be stressful.  To strengthen your approval, minimize the amount of paperwork you will be required to provide in the end, and make the process smoother, have the following paperwork ready when you apply:

  • Employment and address history for at least 2 years for you and your co-borrower.  Include:
    • Employer
    • Dates
    • Job titles
  • Address history for at least 2 years for you and your co-borrower.  Include:
    • The property address
    • The dates you lived there
  • 30 days of pay stubs – all borrowers
  • Last 2 years of filed tax returns
  • You’ll need to complete your lender’s credit authorization form
  • 2 months of bank statements, all borrowers, all pages (checking, savings and any other account you are using for down payment and closing costs)
  • Last 2 years of corporate tax returns if you own more than 25% of a business
  • Bankruptcy filing paperwork (if you’ve had a bankruptcy within 7 years)
  • Divorce settlement and decree, if applicable
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