what documentation do i need for a mortgage

A Dublin couple who used forged documents to apply for a mortgage because they believed they would never. “I don’t condone what they did,” the judge remarked. It was wrong but I do understand why.

At a glance: Many different types of documents are required during the mortgage application, pre-approval, and underwriting process. Most of them relate to your income, assets and debts. Common documents needed for a home loan pre-approval include bank statements, pay stubs, W-2s and tax returns. The Various Stages of the Mortgage Process

This handy mortgage refinance checklist tells you what you need to do before refinancing. Get your paperwork in order and know your refinance goals to speed up the process and save money.

Documents needed for a mortgage Knowing which information you need to gather when going through the mortgage process can be confusing since a large amount of information is required. Here is a list of documents you’ll need to provide before you begin the prequalification and pre-approval process:

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An experienced mortgage lender will be able to discuss specific income and other qualifying requirements, such as credit history, debt-to-income ratio and more.

You still need to secure a mortgage, and while that’s still relatively easy to do, it can be challenging for many homebuyers. In addition to having those documents, you should also expect to hand.

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The document requirements for mortgage preapproval vary by lender and your individual circumstances, but typically, you’ll need to provide documents which show your income, your assets and any regular commitments against your income. These will include, but may not be limited to:

Lenders require a fair amount of information before agreeing to give you a mortgage, but you can save yourself time and effort by only uploading the documents they need to see. There are a few things you can do to make sure we can help with your application as quickly as possible.

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Refinancing a mortgage can help lower monthly payments and interest rates. An initial mortgage usually requires more documentation and paperwork than refinancing a mortgage, but you’ll still need to provide several documents to the lender to complete the refinancing process.