Checklists & Tips

Loan Application Checklist

Identity and Income Verification

  • Full legal name, date of birth, and Social Security Number (SSN)
  • Copy of Driver’s License
  • Copy of Work Visa or Green Card – if applicable
  • Pay stubs covering the last 30 days
  • Bank statements- most recent two months’ statements for all accounts listed on the application – all pages
  • Student loan information- monthly payment information if loans are not deferred (may not be on credit report)
  • Copy of diploma- if in the workforce less than 2 years
  • Letter of explanation for job gap of more than 60 days
  • Copy of Divorce Decree and Separation Agreement

Credit Verification and Tax Documents

  • Bankruptcy and discharge documents- if applicable
  • 2016/2015 W2’s/1099s and Federal Income Tax Returns
  • If self-employed:
    • K1 Form - if applicable
    • If more than 25% ownership – provide business returns for the last 2 years


  • Copy of current mortgage statement and insurance policy for retained home(s)
  • Copy of Contract
  • Copy of renovation quote
  • Quote for home insurance of new home
  • Copy of HOA dues if you own a condominium
  • Copy of Closing Disclosure from home sale if recent

The content above is provided by Cortland Bank as a guideline for collecting the items necessary for a mortgage application. Mortgage products are subject to credit approval. Not all applicants may qualify. Cortland Bank assumes no liability for use of this information.