What You'll Need To Apply For A Mortgage Buying a home and applying for a mortgage can be a daunting task. It's easier if you come prepared. Below is a list of items that should be brought with you when you apply for the mortgage for your dream home in North Georgia. To Verify Income W2 forms - last two years Paystubs - past 30 days Federal tax returns - past 2 years IF: You are self-employed More than 25% of your income comes from commissions or bonuses Own rental property You are employed in a career in which you might take non-reimbursed business expenses If self employed, year-to-Date Profit and Loss Statement If applicable, Corporate or Partnership tax returns If retired, Pension Award letter If recieving Social Security, Award letters To Verify Assets Bank statements, all accounts - past two months Other investment statements - past two months Copy of last retirement fund statement Written explanation of any large deposits Gift letter if cash was accepted from family (may also require other proofs) Credit Information Landlord’s name, address, and phone number Written explanation of any questionable items appearing on your credit report. Copy of bankruptcy papers if you have filed bankruptcy within the last seven years Other Information Copy of purchase agreement (If offer has already been made) Copy of Divorce Settlement (If applicable) Proof of Child Support income (If applicable) If applying for government backed loans, you will also need the following: FHA Loans Copy of Social Security Card Copy of Driver’s license VA Loans Copy of DD214