Mortgage Checklist

Determine your mortgage limit Create your expense snapshot - listing all expenses in your current budget Estimate potential homeowner expenses and include them in your snapshot Estimate your monthly payments using an online calculator Calculate your debt-to-income ratio to determine your mortgage limit Decide how you will make a down payment and how much

Check your credit

Determine the type of loan that is best for you.

Choose a lender, or several lenders

Paycheck stubs for the last 30 days One W-2 tax return if you've had your job for over two years, or two if otherwise Recent credit card statements Two bank statements over last 90 days Proof of pensions, retirement, disability, or Social Security Proof of income from rentals, investments, etc. Proof of child support or alimony paid/received Loan information on current home (if you own one) 401K statements Divorce decree (if applicable) Get a Good Faith Estimate of fees as a part of your pre-approval.

Lock in your rates.

Bring all documentation to the closing.

Mortgage Checklist

Related checklists

Related checklists

Popular Channels

Legal

Company

The Site

Follow Us