📄 Mortgage Loan Paperwork Checklist – California

✅ 1. Identification & Personal Information

  • Government-issued photo ID (e.g., driver’s license or passport)
  • Social Security number (used to pull credit report)
  • Green Card or work visa (if not a U.S. citizen)

✅ 2. Income Documentation

For W-2 Employees:

  • Pay stubs – most recent 30 days
  • W-2s – past 2 years
  • Federal tax returns (Form 1040) – past 2 years (if required)

For Self-Employed or 1099:

  • Personal and business tax returns – past 2 years
  • Year-to-date profit & loss statement
  • 1099s or business bank statements (if applicable)

Other Income (if applicable):

  • Social Security or pension award letters
  • Rental income: leases or Schedule E from tax return
  • Alimony or child support: court orders and 6–12 months proof of receipt

✅ 3. Asset Documentation

  • Bank statements – most recent 2 months (all pages)
  • Retirement or investment account statements – 2 most recent months
  • Gift funds: signed gift letter and proof of transfer
  • Proof of liquidation if using funds from investment sale or 401(k)

✅ 4. Credit and Liability Documents

  • Credit report (pulled by lender with your authorization)
  • Statements for outstanding debts (auto loans, student loans, credit cards)
  • Explanations for recent credit inquiries, if any
  • Bankruptcy or foreclosure documents (if applicable)

✅ 5. Property-Related Paperwork

For Purchase:

  • Fully executed purchase contract
  • Real estate agent contact info
  • Contact info for escrow and title company
  • Homeowners insurance quote or agent contact
  • HOA contact and monthly dues (if applicable)

For Refinance:

  • Recent mortgage statement
  • Property tax bill
  • Homeowners insurance declarations page
  • Current HOA statement (if applicable)
  • Copy of current note/deed of trust

✅ 6. Additional Required Forms

  • Loan application (Form 1003)
  • IRS Form 4506-C (authorization to pull tax transcripts)
  • Signed disclosures (provided by lender)
  • Signed authorization forms (for employment and asset verification)

✅ 7. Other Properties (if applicable)

  • Mortgage statements for each property
  • Insurance, tax bills, and HOA statements
  • Lease agreements for rental properties