Below is a list of items generally required to process a residential mortgage loan:

• Photo ID for each borrower
• Current year-to-date pay stubs for each borrower, if applicable
• Contact person/phone number to verify employment
• If self-employed, two most recent corporate returns and K-1s
• Tax returns for past two years W-2’s or 1099’s for past two years
• Bank statements (all pages) for past two months
• Investment and or Retirement accounts for past two months
• Copy of sales contract when available
• Mortgage account information for any real estate owned
• Home insurance policy and property tax information for real estate owned
• Copy of the closing disclosure for any recently sold real estate

Note: In many cases, additional documentation is necessary, particularly for government loans (FHA, VA, and USDA), construction-to-perm loans, and programs designed  for first time home buyers.