You may be asked to provide the information below when you apply for a home loan, or

during some part of the application process.


Identity Verification

Full legal name, Social Security number, and birthdate

Phone number, email address, and current and former residential mailing addresses over the last two years

Government-issued photo ID and Social Security card

Income Verification

Primary and secondary income amounts and sources

Name, addresses, and phone numbers of all employers over the last two years

Values of bank, retirement, investment, and other asset accounts

Monthly debt obligations

Address of property being purchased, year built, estimated down-payment amount, and purchase price

Estimates of annual property taxes, homeowners insurance, and any homeowner association dues
or employment gap exists within the last two years

Income Verification — Self-Employed

Federal tax returns (personal and business) for the past three years

Profit and loss statement — year-to-date

List of all business debts 

Income/Tax Documents

IRS Form 4506-T — Request for tax transcript, completed, signed and dated

Pay stubs covering the last 30 days

W-2s for the past two years

Federal tax returns (1040s) for the past two years

Asset/bank statements — Most recent two months’ statements for all accounts listed on the application

Written explanation if employed less than two years or employment gap exists within the last two years


Credit Verification

Credit explanation letter for late payments, collections, judgments, or other derogatory items in credit history

Source of funds documentation for any large deposits on asset or bank statements

Judicial decree or court order for each obligation due to legal action

Bankruptcy/discharge papers for any bankruptcies in credit history

Payment history for public utilities, phone, cable TV, car insurance, and other expenses


Homeowners insurance information, including agent’s name and phone number

Purchase contract signed by all parties