What borrower needs to apply for a mortgage

In this article we look at the documents borrower would be required to have at the time of applying for a mortgage -

1. Investment statements for the last 3 months.
2. Pay stubs for last thirty days.
3. Statements for bank accounts for last three months.
4. Documented proof of other incomes; stock dividends, alimony payments etc.
5. Tax returns for last 2 years.
6. Statement to explain the source of down payment for the home.
7. W-2 Forms for the past 2 years.
8. If selling another home, estimate of proceeds from that home.
9. Bankruptcy filing details, if any.
10. Document to show value & ownership of other high value assets.