Crazy detailed list of documents needed for Loan Pre-Approval/Application

Mortgage and Lending with 1st Mariner Bank NMLS# 1119449

I started to create this document checklist for mortgage clients. But then it got crazy detailed! 

It's a great tool for Realtors to give their clients that haven't been pre-approved yet, so they can work on getting the documents together for their Loan Officer.

It's a great tool for Loan Officers to give their clients, to prepare for loan approval and processing. 

Or it's a great tool for Loan Processors to look over to make sure they haven't missed anything! 

Or, it's a great tool for Buyers, as they prepare to get ready to put a contract on a home. 

Not all these items may be required, but it's best to submit everything you can to your Loan Officer / Processor so that they can 'pick and choose' what they need in order to get your approval. 

Preparation is key to a:

  • Smooth transaction
  • Timely clsoing
  • Happy Buyer
  • Satisfied Agent
  • Satisfied Seller
  • Stress-free transaction

Please let me know if you can think of anything to add to the list!


**And I'd like to add.. If your Loan Officer IS asking for these items, they know what they are doing!**




Comments (1)

Steven Cook
No Longer Processing Mortgages. - Tacoma, WA

Diane -- that is a very thorough list of documentation for use by those in the realty field.  Thanks for sharing!

I did notice that for the buyers - the missing documents are two pieces of government issued ID, in compliance with the Patriot Act requirements.

Sep 25, 2013 07:36 AM