Arizona Home Inspection News & Information

Lender Checklist - What You Need for a Mortgage

• W-2 forms — or business tax return forms if you're self-employed — for the last two or three years for every
  person signing the loan.
  
• Copies of at least one pay stub for each person signing the loan.
  
• Account numbers of all your credit cards and the amounts for any outstanding balances.
  
• Copies of two to four months of bank or credit union statements for both checking and savings
  accounts.
  
• Lender, loan number, and amount owed on other installment loans, such as student loans and
  car loans.
  
• Addresses where you’ve lived for the last five to seven years, with names of landlords if
  appropriate.
  
• Copies of brokerage account statements for two to four months, as well as a list of any other major assets of
  value, such as a boat, RV, or stocks or bonds not held in a brokerage account.
  
• Copies of your most recent 401(k) or other retirement account statement.
  
• Documentation to verify additional income, such as child support or a pension.
  
• Copies of personal tax forms for the last two to three years.

Reprinted from REALTOR® magazine (REALTOR.org/realtormag) with permission of the NATIONAL ASSOCIATION OF REALTORS®. Copyright 2008. All rights reserved.