What documents do I need for a mortgage preapproval?

You’ll need to supply documentation for a mortgage preapproval, which includes information about your income, assets and debts. These documents typically include the following: ID (such as a driver’s license or passport), so lenders can verify your identity and that you’re a U.S. citizen.

What documents do I need to get a mortgage?

You’ll also need bank and investment account information and proof of income. Documents you’ll need to get a mortgage preapproval letter include your W-2 tax form and 1099s if you have additional income sources and pay stubs. Lenders prefer two years of continuous employment, but there are exceptions.

What are the requirements for a mortgage pre-approval?

One of the main requirements for mortgage pre-approval is being in good financial standing. Lenders will want to see proof of income, assets and credit history. You’ll also need to provide identification and verify your employment. Some of the most common documents that are required of each borrower include: 2. Check your credit score