Off The MRKT

Your guide to New York real estate and more

Off The MRKT - Where New York's, Real Estate, Life Style, and Culture Converge

  • Cities
    • New York
    • Hamptons
    • Florida
    • Philadelphia
    • Connecticut
    • Submit Your Open House
  • Food & Wine
    • Wine and Spirits
    • Where To Drink and Eat
  • The Look
    • Health and Fitness
    • Travel
    • Lifestyle Guide
  • Events
    • Events Gallery
    • Submit an event
    • Calendar Listings
    • Open Houses
  • About

5 Pieces of Paperwork You'll Need When Applying for a Mortgage

July 20, 2022 by Jeremy Lindy

Applying for a mortgage can be a pretty complicated process. It takes time, research and dedication to get it right. But what are you supposed to do if you don't have all the paperwork on hand? 

You're missing essential components that make the application process more manageable. That's why I put together this list of five pieces of paperwork you'll need when applying for a mortgage.

1. Proof of Identification

Providing an acceptable form of identification is the most important requirement in a mortgage application process, and it's also the easiest to overlook. When you apply for a mortgage, your lender will ask you to provide proof of your identity and current residence. 

Gathering this information ahead of time is crucial, as it may not be available in your application materials when you're ready to submit them.

These documents can include a government-issued ID, social security card, and more. If you don't have any of these documents handy, make sure to bring copies so that you have something else to present as proof at the time of application.

2. W-2 Forms From the Past Two Years

The most critical supporting documentation for a mortgage application is your last two years of W-2 forms. It’s one of the most common pieces of paperwork that you'll need to submit when applying for a mortgage. In addition, when meeting with lenders at a mortgage appointment, you must have this form with you.

There are printable W2 forms online you can generate and fill out your information ahead of your application, so you must have all of your tax returns from the past two years. You should also consider taking pictures of each page of all your tax returns to prove they are authentic.

3. Proof of Employment

Like any of the key questions you should ask while dealing with a mortgage broker yourself, lenders will require proof of employment as a requirement you would need to satisfy. 

If you don't have any income or W-2s, people might think you're unemployed and that they should deny your application because they don't want to lend money to someone who doesn't work. But there are other ways of proving that you make enough money to qualify for a home loan:

Show proof of employment in the form of an official letter from your employer or pay stubs showing that they paid you in either wages or salary throughout the year. You'll also need this letter when applying for a mortgage online.

4. Tax Returns From the Past Two Years

The IRS requires you to get two consecutive years' worth of tax returns to apply for a mortgage. So if you have tax returns, but they're not recent enough or haven't been filed yet, send them in before applying for a mortgage so they can be processed and received by the lender ahead of time.

The mortgage company will look at all three years' worth of tax returns, but they'll want to see all your wages and income from one year (the most recent) and two years before that. They'll also want copies of any tax refunds you received during those years.

5. Bank Statements

Bank statements are a must-have, especially if you want to get the most out of your mortgage. The lender will want to see that your credit history is positive and that you have a steady income. Therefore, your bank statement should reflect regular payments, including mortgage or rent payments, utility bills, and other debts.

You'll want to review your bank statements and ensure they show any payments made on your behalfs, such as auto loans or credit card balances. If you have any unpaid bills, you'll want to pay them off before applying for a mortgage.

Conclusion

If you followed all the steps in this article, you're well-prepared to tackle your mortgage application. If you can cross all of these items off your to-do list, you'll be ready to apply for a home loan when the time is right, and it shouldn't be too long before you have a brand new home.

Featured
Design Details That Elevate Luxury Real Estate
October 29, 2026
Design Details That Elevate Luxury Real Estate
October 29, 2026
Read more →
October 29, 2026
October 29, 2026
Loggia NoMad Begins Presales on a Site Once Planned for a Modular Hotel
October 29, 2026

Loggia NoMad begins presales at 842 Sixth Avenue, where plans for a modular hotel gave way to 94 condos with private loggias near Manhattan’s Flower District.

Read more →
October 29, 2026
23-bedford-front.jpg
October 28, 2026
This Greenwich Estate Has a Roller Hockey Rink in the Basement
October 28, 2026

At 23 Bedford Road, nearly 11,000 square feet of living space comes with a basement roller hockey rink, golf simulator, 800-square-foot theater and enough amenities to make leaving home optional.

Read more →
October 28, 2026
Cyndi Lauper Sings, Sophie von Haselberg Honored at Bette Midler's Hulaween
October 27, 2026
Cyndi Lauper Sings, Sophie von Haselberg Honored at Bette Midler's Hulaween
October 27, 2026

Bette Midler turned The Glasshouse into an underwater fever dream for Hulaween on Horror Reef, raising over $2 million for New York Restoration Project with Cyndi Lauper on stage and Isaac Mizrahi judging the costumes.

Read more →
October 27, 2026
unsplash-image-5sf46kgHnVg.jpg
October 27, 2026
A Tale of Two New York Markets: What Fall is Revealing
October 27, 2026

From renewed competition in some neighborhoods to greater leverage in others, fall is exposing just how divided New York’s real estate market has become.

Read more →
October 27, 2026
The Lifestyle Trends Driving Gen Z's Impact in New York
October 26, 2026
The Lifestyle Trends Driving Gen Z's Impact in New York
October 26, 2026
Read more →
October 26, 2026
1-penthouse-402-boerum-terrace.jpg
October 26, 2026
Off The MRKT's Favorite Listings of the Week
October 26, 2026

A record-setting Cobble Hill penthouse, a former eyeglass factory loft in the Financial District, and a Bushwick duplex with a patio made for Sunday mornings.

Read more →
October 26, 2026
Featured
October 29, 2026
How Plant Genetics Are Influencing Modern Home Gardening Trends
October 29, 2026
Read more →
October 29, 2026
Why Posted Speed Limits Do Not Always Determine Safe Driving Speeds
October 29, 2026
Why Posted Speed Limits Do Not Always Determine Safe Driving Speeds
October 29, 2026
Read more →
October 29, 2026
October 29, 2026
How Commercial Real Estate Can Cut Event Waste With Smarter Trade Show Builds
October 29, 2026
Read more →
October 29, 2026
acoustic-panels-wedge.png
October 29, 2026
How Acoustic Panels Improve Comfort and Style in Interior Spaces
October 29, 2026
Read more →
October 29, 2026
October 29, 2026
The Importance of Specialized Equipment and Cleaning Techniques in Industrial Facilities
October 29, 2026
Read more →
October 29, 2026
October 28, 2026
How to Sleep Comfortably with Less Back Pain
October 28, 2026
Read more →
October 28, 2026
7 Best Cash House Buyers in San Antonio (2026)
October 28, 2026
7 Best Cash House Buyers in San Antonio (2026)
October 28, 2026
Read more →
October 28, 2026
Screenshot of ABC16571_offthemrkt.com.docx - Google Docs (1).jpg
October 27, 2026
Property developers are taking fewer risks with foundational construction projects
October 27, 2026
Read more →
October 27, 2026
October 27, 2026
How eCommerce SEO Helps Online Stores Attract More Customers and Increase Sales
October 27, 2026
Read more →
October 27, 2026
October 27, 2026
What Anxious Visitors Read First on a Sign and What They Skip
October 27, 2026
Read more →
October 27, 2026
How Origin Shapes Specialty Honeys Around the World
October 27, 2026
How Origin Shapes Specialty Honeys Around the World
October 27, 2026
Read more →
October 27, 2026
October 27, 2026
What Homebuyers Should Look for When Evaluating a Property’s Roof
October 27, 2026
Read more →
October 27, 2026
Choosing the Right K-Beauty Spot Treatment for Clearer Skin
October 27, 2026
Choosing the Right K-Beauty Spot Treatment for Clearer Skin
October 27, 2026
Read more →
October 27, 2026
Screenshot of Are Electric Dirt Bikes a Good Holiday Gift - Google Docs.jpg
October 27, 2026
Are Electric Dirt Bikes a Good Holiday Gift? A 2026 Black Friday Buying Guide
October 27, 2026
Read more →
October 27, 2026
October 26, 2026
How Often Should You Pressure Wash Your Home in Upstate New York?
October 26, 2026
Read more →
October 26, 2026
July 20, 2022 /Jeremy Lindy
script>
  • Newer
  • Older
 
Off The MRKT Articles RSS
No results found

Follow Off The MRKT: Facebook | Twitter | Instagram
Contact us: Jeremy@Offthemrkt.com                                                                                           

Advertise | Off The MRKT Internship Program | Byline | Bible

Newsletter Block
This newsletter signup form needs a storage option. Edit the block and enter a storage location via the Storage tab.

Want More?

Want more awesome content like this? Sign up and get our best articles delivered straight to your inbox!

Thank you!
Our favorite listing this week is 508 West 24th Street, Unit 5th Floor, home to NBA Player Carmelo Anthony. The ten-time NBA All-Star, has listed his New York City condo. The home is the largest unit in the Cary Tamarkin designed building at 508 W 24
251 East 51st Street, Unit 2M, listed on the market as a Compass "Coming Soon," is a recently renovated, perfect pied-a-terre (and ideal one bedroom for all the rest of us). What truly sets this pad apart from the rest is the dreamy outdoor
Our last #openhouse roundup will you be checking out this #parkslope home?

#nycrealestate #brooklynrealestate #milliondollarlistings #luxuryhomes #OffTheMRKT
DNA Development announced that closings have commenced at 350 West 71st Street, the successful Upper West Side luxury conversion that seamlessly combines two historic pre-war buildings into one stunning contemporary condominium with a classic fa&cced
Our favorite listing this week is located at One West End, the sculptural glass residential tower designed by Pelli Clarke Pelli within Riverside Center. At $19.5 million, 29B offers 5,302 square feet of interiors space, with four bedrooms, five and
Looking to live in one of the trendiest neighborhoods in Manhattan? SoHo offers some of the most luxurious prime New York Real Estate. Known for its largest collection of incredible architecture in the entire world, SoHo is the heart of the historic
Following the unveiling of Rose Hill, one of the new residential developments in Manhattan's NoMad neighborhood that represents a modern era of Gotham-esque architecture and design by award-winning New York-based design firm CetraRuddy, legendary dev
The ethereal master bath at @theXInyc West Tower Penthouse features a custom sandblasted verde caldia floor, a carved verde scuro tub, and bronze vanities with marble tops designed by #AD100 French interior architect @pierre.yovanovitch.

Situated in