Bank Statements
- 12 or 24 months of consecutive statements (depending on program)
- All pages of each statement, including blank pages
- Statements from all accounts being used to qualify
Self-Employment Verification
At least one of the following:- Business license (current)
- Articles of incorporation or organization
- Partnership agreement or DBA registration
- Professional license
- CPA letter confirming self-employment
Identity & Assets
- Government-issued photo ID
- Two most recent months of bank/investment statements (for reserves and down payment)
- Gift letter (if using gift funds)
Property Documents
- Purchase contract (if buying)
- Current mortgage statement (if refinancing)
- Homeowners insurance quote
- HOA information (if applicable)
Additional Items Sometimes Requested
| Situation | Document Needed |
|---|---|
| Large deposits | Source documentation (invoices, contracts) |
| Lower expense factor | CPA letter or profit/loss statement |
| Multiple businesses | Formation docs for each entity |
| Investment property | Lease agreements |
| Recent bankruptcy/foreclosure | Discharge papers |
Tips for Smooth Processing
- Gather documents before starting the application
- Ensure all documents are current and not expired
- Respond to additional requests within 24-48 hours
- Ask your loan officer for their complete checklist—requirements vary by lender