A mortgage pre-approval is an important and powerful part of the home buying process. A letter of pre-approval communicates that you are a serious and qualified buyer. Here is a summary of  the documents you’ll need for your pre-approval application.

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Mandatory for Everyone


  1. Federal Tax Returns


We’ll need all pages of your federal tax returns from the past two years.


  1. W2s and 1099s


The past two years of both documents are required.


  1. Consecutive Paystubs


We’ll need your most recent paystubs for the past 30 days.


  1. Asset Statements


All pages of these statements from the past two months are necessary. This covers a wide range of statements such as your checkings, savings, stock, 401k, etc.


  1. Current Mortgage and Homeowner’s Insurance Statements


If you currently own a property, then we’ll require these statements.


  1. Driver’s License


We’ll need a copy of your driver’s license to show your identity. You can email this.


For Self-Employed Applicants


If you are self-employed, then your income is analyzed a little differently.


  1. Business Tax Returns


All pages of your business tax returns from the past two years are analyzed as this is also part of your finances as a business owner.


For Retirement Income


Some additional items will need to be provided if you have retirement income.


  1. Social Security Award Letter


You will need to submit a copy of the current year’s social security award letter.


  1. 1099s for Social Security


Your past two years of 1099s for social security. For pension income, you will need your award letter showing monthly amount and 1099s from the past two years.


If You Have Child Support/ Alimony Income


Finally, if this applies to you, then you will need to provide two more items.


  1. Divorce Decree/ Child Support Order


You will need to show your full divorce decree and child support order for pre-approval.


  1. Child Support Deposit


You will need to show the child support/ alimony being deposited into bank accounts for the past year. This shows proof you received this money.


If you are looking to buy a home, then make sure you get pre-approved prior. You can use this checklist to ensure you have all documents necessary for the pre-approval application. Download our DML App to get pre-approved seamlessly.