Documentation to have when applying for a mortgage

Category: Housing


Before you apply for your home loan, make sure you’re prepared by having the required paperwork ready to go. The mortgage application process will go more smoothly and quickly if you have the right documents with you from the get-go.

Each lender will have its own qualifications and requirements for paperwork that all applicants must have. But it’s always better to be more prepared than not prepared enough, so while you might not necessarily need all of the following documents, you should get them ready anyways in case your lender requires them.

Proof of income

Lenders want to see that you make enough money to pay for the mortgage amount you’re applying for. Make sure to have your two most recent pay stubs, in addition to W-2 income statements and tax returns from the last two years.

Child support documents and divorce decrees

If applicable, have these documents with you when applying for a mortgage.

Most recent credit card statements 

Your lender will be running a credit report, but they will likely want to see, in detail, your credit card statements and how you are handling your current monthly debts.

Most recent investment, checking, and savings account statements 

In addition to seeing a steady income flow, lenders like to see that there has been a certain amount money in your checking and/or savings account on a consistent basis. Make sure you have your bank statements, and if you have any investment accounts, get that documentation as well.

Your budget

Show your lender how you plan on fitting in mortgage payments with your current budget. If you don’t already have a current budget typed up, you might want to consider creating one.


When applying for a mortgage, there are two important factors to consider: the down payment and your credit score. Without a substantial down payment, your approval will rely heavily on your credit rating. If your credit rating is poor, you may want to consider paying off debts and raising your credit score before applying for a mortgage. Paying off debt and saving up money for a down payment can often be easier said than done, but if you’re receiving annuity payments, we can help. Peachtree Financial Solutions can provide you with the lump sum cash payout you need to pay off debt, buy a home, and much more. Contact us today to learn more about selling your annuity payments and for your free quote!


Nothing above is meant to provide financial or tax advice. You should meet with appropriate professionals for such services.

Tags: credit, financial documents, home loans, Mortgages

Leave a Reply

Your email address will not be published. Required fields are marked *