Borrower Documents Needed for Loan Approval

Get a clear understanding of the documents required for purchase, refinance, and non-QM home loans. Organized lists and comparisons help you prepare for the loan process and close on time.

Documents to Start the Loan Process

Every loan application requires basic documentation to verify your identity, income, and financial stability. These items ensure lenders have the necessary details to evaluate your eligibility.

Additional Documents

Purchase Home Loans

  • –   Purchase agreement and all addendums/counter-offers for the home
  • –   Earnest money deposit receipt
  • –   Verification of rent payments (if applicable)
  • –   Gift letter, if applicable (for funds provided as a gift)
  • –   Details on existing debts or liabilities

Refinance Home Loans

  • –   Current mortgage statement
  • –   Homeowners insurance declaration page
  • –   Property tax bill
  • –   Appraisal report (if available from an AMC)
  • –   HOA documents, if applicable

Non-QM Loans:

Non-QM loans cater to borrowers with non-traditional income verification methods. Additional documents may include: