(716) 650-0051

Loan Application Checklist for Buyers

Colleen Kulikowski February 10, 2016

Buying a home is not so difficult in Western New York; especially if you know what is going to happen along the way. Before you start looking at houses and falling in love with the perfect Western New York home, apply for your mortgage and at least get a pre-approval. This will allow us to ensure you are seeing WNY homes that you can afford. There is nothing more frustrating than to fall in love with the absolutely perfect home only discover you cannot afford it.

You never have applied for a mortgage before. That is ok, and I can bet that you are a little unsure of the process and what will be needed to get everything done in a timely manner.  You are not the first, nor the last person we will meet that will have these questions. That is why we created this document to assist in the loan application process.


  • Most recent two years complete tax returns with all schedules.
  • Most recent two years W-2’s, 1099’s, etc.
  • Most recent pay stubs covering one month period. If Applicable: Self-Employed will need Two years Tax Returns and YTD Profit & Loss Statement.


  • Most recent three months complete bank statements for both checking and savings accounts.
  • Most recent statement from retirement, 401k, mutual funds, money market, stocks, etc.


  • Most recent statements from your credit cards and other monthly revolving charges, indicating minimum payments and account numbers.
  • Copy of complete Bankruptcy and Discharge Papers.
  • You may be required to provide the origin of your down payment. If money for down payment is a gift from a relative, bring to the interview a copy of gift letter and copy of gift check. The gift letter states that the money will not have to be repaid.


  • Name, Address, and Phone number of your landlord
  • 12 months canceled rent checks

PERSONAL INFORMATION (for each applicant)

  • Copy of Drivers License
  • Copy of Social Security Card
  • Copy of complete Divorce, Palimony, Alimony Papers
  • Copy of Green Card or Work Visa

What About One Of These Homes?

All statistics are gathered from the Buffalo Niagara Association of REALTORS®.

For more information, call our J. Philip Real Estate Team at (716) 650-0051

Thinking of selling your Western New York home? Interested in finding out the current market value of your single family home, condo or investment property? Then call us at (716) 650-0051 to discuss what is happening in today’s Western New York Real Estate Market. We would be happy to give you a personalized Comparative Market Analysis for your home or assist you to purchase a home.

Properties found on this Web site may be listed with a brokerage other than the owner of this site and are displayed here via the Internet Data Exchange (IDX) system of this broker’s MLS. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing nor displaying broker shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © 2016 Western New York Real Estate Information Services (WNYREIS), LLC. All rights reserved.


Join The Conversation