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Requested Documents over the course of a Home Mortgage Application

The requested documentation varies based on the unique situation of the borrower. The following check list outlines the most commonly Requested Documents for a home mortgage loan. Gather what you can for your meeting with your loan officer; it doesn’t have to be perfect to get started!


Click here to print or save this check list to your computer.




I. LOAN APPLICATION


Please submit a complete loan application before you meet with your loan officer.




II. INCOME AND FINANCES


    If you are self-employed or paid as a 1099 contractor:

  • All pages of tax returns from the most recent two years, including:
    • Schedule C for sole proprietors
    • All pages and schedules of business tax returns from the most recent two years, including K-1s for all partners and shareholders, for LLCs and S-Corps

    If you are paid as a W-2 employee:

  • Pay stubs for the most recent 30-day period
  • W-2 forms from the most recent two years

    If you own investment properties:

  • All schedules (all pages) of personal tax returns from the most recent two years, including Schedule E

    For all liquid assets (checking/savings accounts):

  • Bank statements (all pages) from the past two months for all accounts referenced on the loan application.

    For all investment assets (IRA, 401K, mutual funds):

  • If statements are quarterly, provide the most recent quarterly statement (all pages).
  • If statements are monthly, provide statements (all pages) from the most recent two months.

    Important Notes:

  • If you print online statements, please print every page (even the one left blank) and make sure your name, the financial institution’s name, the account number, and dates of the statement period appear on every page. We need it all.
  • Please let us know if you have not filed your tax return or if you have filed for an extension. This impacts the loan process significantly.

    Gift Letter:

  • If you are receiving a down payment gift from a family member, you and your family member will need to complete a standardized Gift Letter, which we will provide.



III. LOAN PROCESS

    Clear copy of ID for all borrowers

  • Acceptable IDs include a state-issued driver's license, state-issued ID, or a passport.
  • If you are not a U.S. citizen, also include a copy of the front and back of your green card or visa.

    Signed compliance disclosures

  • You will receive disclosures from SBCL and from the lender. Please review, sign, and return the SBCL disclosures. You can either save or shred the disclosures you receive from the lender. No action is required. If you’ve received an email from the lender, open it and reply as directed.

    If you are divorced, include a complete copy of the divorce decree if any of the following apply:

  • The divorce is recent
  • You still have joint credit (we need papers to show correct liability)
  • You receive or pay alimony
  • You receive or pay child support

    Contact information for your homeowner's insurance agent

  • If you are purchasing your first home, you will have this information further along in the financing process. Don’t worry about it now.

WHILE NOT REQUIRED, we kindly ask that you contribute a non-perishable food item to our ongoing food drive for the Ballard Food Bank. Thank you!


Questions? Give us a call at (206) 789-8629.

Upload Your Documents Here!

Safely upload Requested Documents right to our secure system* instead of using fax or email.


Here’s how it works:


  • Tell your loan officer you want to use the document upload feature.
  • Your loan officer will send you a user ID and log-in instructions via email.
  • Click the “Client Login” link in the upper right corner of our website and follow instructions from there.

(*This system has SAS 70-rated security, which is a widely recognized standard in the financial services industry.)