What Is Included in a Mortgage Application?
A mortgage application includes a borrower's information and the details of the property that the potential borrower wants to purchase.
Below is a list of some of the required items:
The borrower's financial information, such as net worth, employment records, and annual income.
The borrower's supporting documents, such as bank statements and pay stubs. If the borrower is self-employed, the borrower will need to submit two years of tax returns.
The borrower's Social Security Number (SSN), current address, and a list of previous addresses.
The underwriter or lender may require additional information and documentation as needed to process your application.
- How Long Do Mortgage Applications Typically Take to Complete?
- Can I Submit Multiple Applications?
- Does Applying for Multiple Mortgages Affect My Credit?
- What Are Some Benefits of Shopping for a Mortgage?
- Can I Qualify for a Mortgage with No Credit History?
- What Can I Do If My Application for a Mortgage Is Denied?