Guides/Tips

Mortgage Application Checklist

Landed | 26 Jun 2019

Print out this checklist and use it to ensure you have everything you need to submit your mortgage application.


Download 

Mortgage Application Checklist


Your Mortgage Application Checklist

Here's a list of standard documents you and all of your co-buyers need to provide to complete a mortgage application with a lender. Your loan officer may ask for additional documents.

Income and Employment Documents

  • W-2 statements from the past two years
  • Pay stubs from the past month
  • Documents showing additional sources of income (if applicable)

Assets

  • Bank statements from the past three months
  • Investment account statements from the past two months
  • Retirement or brokerage account statements from the past two months.
    • These include: 401K, IRAs, Roth, 403b

Debts

  • List of all monthly debt payments, including student loans, auto loans, and credit cards

Other Records

  • Borrower identification for each borrower: state issued ID, license, or passport
  • Record of rent payment and landlord contact information (if applicable)
  • Down payment letter showing your donors do not expect to be paid for the gift. Please note that this does not apply to Landed funds.

Next steps:

  • Once you have your mortgage pre-approval, you are ready to work with your Landed partner agent to make offers on your new home!

 

Questions? Email your Landed point person or loan officers.

Sign up to learn more about Landed

Guides/Tips Lenders, Loan Officers, & Your Mortgage Making an Offer

About the Author

Landed

Former educators on the Landed team created these materials to help you on your homebuying journey. Landed supports educators on the path to homeownership by providing a personalized team that includes a partner agent and a Landed homebuying expert. We help families navigate all of their options for buying a home, including our own shared equity down payment program. Our team provides free homebuying education and guidance as well as competitive offer reviews for educators. Landed works with K-12, college, and university employees in expensive metro areas like San Francisco, Seattle, Portland, Denver, Los Angeles, San Diego, and Hawaiʻi. To learn more visit landed.com.

Subscribe