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Pre- Qualification – We assess your financial profile upon receiving your inquiry and provide a soft-pull credit report with a pre-approval letter within 24 business hours after you turn in required documentation, giving you confidence while house hunting or refinancing.

Paperwork Needed for Mortgage Preapproval

To apply for a loan, you will have to provide the lender with detailed documentation of your financial history. The lender will request a credit report from a credit agency and will verify the information provided in your loan application. 

Be prepared to provide:

• Copies of checking and saving accounts statements for the past two months*

• In case of reserves needed (for applicants with more than one property), provide evidence of any other assets such as bonds, stocks, or money saved in retirement programs (i.e. 401k or 403b program)

• Recent one-month pay stubs

• W-2 withholding forms or 1099 forms for the past two years

• Federal income tax returns for the past two years

• Driver licenses copy for citizens, green card copy (front and back) or work visa copy for noncitizens

• List your monthly liability dues related to mortgage, installment loans etc.

**Bank statements: Provide the bank statements to cover cash to close.

**For Social Security Income: Social Security Income Award Letter (current or most recent year).

**For Pension Income: Pension Award Letter and documentation demonstrating all sources of income.

**Options to do a soft pull credit report yourself: Free Experian Credit Report and FICO® Score

**For security purpose, please use our secure uploader - click here: Elite Mortgage LLC.