Neighborly Home Lending
Neighborly Home Lending LA
Published on November 24, 2020


There’s no getting around the paperwork involved in applying for a mortgage loan. Though you might hate paperwork, you have to be prepared to provide various documents to the lender. For pre-approval or loan submittal, there are a number of documents required. So don’t freak out, we’re going to help you.

We’ve created the following simple, clear check list of ALL the required documents you’ll need – and why they are necessary. Just open and then print this list out and, as you locate each document you need, simply check it off the list. Believe it or not, checking items off of any list makes that list seem more doable – and minimizes feelings of being overwhelmed.

Driver’s license or other state issued photo ID

To verify identity.

Last two (2) years of tax returns and employer W2’s

To show your income history. If you are self-employed, the last two years of your personal/business tax returns will be required, including logs

Pay stubs covering the most recent 30 days

To show your current income (if paid weekly: 5 pay stubs; bi-weekly: 3 pay stubs; bi-monthly: 2 pay stubs). A letter of explanation is needed for a job gap of more than 30 days and/or declining income

Two (2) consecutive months of complete bank statements

To show you have the necessary funds to bring to the closing table for a possible down payment and/or possible closing costs. Must include the name of the institution and your name(s) as the borrower(s). You will also need to explain any large non-payroll deposits in excess of $250 made during this time period and any overdrafts.

Last mortgage bill (Refinance only)

To establish the financial information about the subject property. Must include the name of the institution, your name as the borrower(s) and the balance owed on the house

Contact information of your Homeowners Insurance Agent

To coordinate important information such as your premium amount, closing date and mortgagee information.

Bank Statements

Must contain all pages, even if left blank.

VA Specific

Copy of DD Form 214.

Retirement income verification

Pensions statement
Social Security Award Letter

If there has been a bankruptcy, foreclosure, or a divorce in the past seven years, you may be required to provide a copy of the court documents and/or letters of explanations.

*This is not to be considered an exhaustive or totally comprehensive list. It covers most documents people need to get a mortgage, but additional documentation may be requested or required.


Neighborly Home Lending
Neighborly Home Lending LA
Click to Call or Text:
(337) 806-9940