Social security number
Needed for all borrowers who are listed on the mortgage loan. This information can be verified through a Social Security card, tax documents, or anything else that shows the SSN. The lender needs this to verify your identity, to request tax returns from the IRS, and also to pull your credit reports.
Proof of employment
Your mortgage lender will probably request a list of employers for the last two years (at a minimum). This document will also include each employer's name, mailing address and phone number. They want to verify your employment, because it relates to your ability to repay the loan.
Proof of income
These mortgage documents are needed to validate your income for pre-approval and underwriting. It might come in several forms. Usually, it's your two most recent pay stubs, or the electronic equivalent, that show your year-to-date earnings. It's your average annual income the lender wants to know about. The lender might also use tax records to verify your earnings (see next item).
This is a standard document for mortgage pre-approval. So there's a 99% chance you will have to provide tax documentation at some point. Most lenders want to see your W-2 statements and tax returns for the last two years. Among other things, your W-2s show how much money you earned over the previous year(s). In many cases, the lender will request tax return transcripts directly from the IRS.
Do you run your own business? If so, you might have to provide some additional documents during the mortgage pre-approval process. This might include balance sheets, a profit-and-loss (P&L) statement, or federal tax statements for the last two years.
Place of Residence
For pre-approval and underwriting purposes, the lender wants to know where you've lived for the last couple of years (and maybe longer).
Bank account information
When you apply for mortgage pre-approval, the lender will want to know how much money you have in the bank. They need to ensure you have sufficient funds for your closing costs, down payment, and cash reserves (if applicable). So they will probably ask you for account statements and balances for any checking, savings, or money market accounts. This is another standard mortgage document for pre-approval. Nearly every lender will require this.
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