Most lenders have similar mortgage application requirements. In most cases the lender you choose may require additional information to finalize your application and process your loan.

The information required typically includes the following:

Social Security Numbers: This is applied to both the borrower and co-borrower of the loan.

Employment History: Lenders are looking for employment history for at least two years, with dates and company addresses, documented/verified salary, and current pay stubs,W-2 or W-4 forms.

Checking, Savings Accounts and CDs: The name of the bank is required where accounts are held. Additionally, account numbers and balances, the address of bank is required and the last 3 months statements should be readily available to provide your lender.

Stocks, Bonds, and Investment Accounts: Lender will need your Broker Dealer’s name and address, description of stocks in your portfolio, number of shares, current valuation, bonds, and the last 3 months statements or copies of stock certificates to verify assets.

Life Insurance Policies: The insurance company name, policy numbers, face amount, cash value and cash value will be need to show life insurance assets where they be term or whole life policies.

Retirement Plan: The approximate vested interest value is need for both traditional IRA’s, IRA’s, 401k’s and 403b retirement plans. Copies of latest statement will also be needed to determine current valuation.

Automobiles: The make and model of owned automobiles and their current market value (blue book) will be needed. If the car is owned and financed, have the balance of that loan amount available to disclose.

Other Assets: This includes additional market values of personal and household property including boats, RV’s, art, coins, or items of significant value.

Liabilities and Other Non-Mortgage Debt: The creditors names will need to be provided along with, addresses, account numbers, monthly payments, and the current balances.