Mortgage Application Checklist
What You Need to Apply for a Mortgage
When you apply for a mortgage, you'll need to provide information about your employment and financial history. Having this information ready ahead of time will help the process move ahead quickly.
To help you get started, here's a list of everything we'll need for all borrowers
- Date of birth
- Social Security Number
- Navy Federal Share Savings account number
- 2-year address history
- 2-year work history
- Gross monthly income to be used for qualifying
- Any other income to be considered for qualifying
- Deposit account and asset information held by financial institutions other than Navy Federal Credit Union to be considered for qualifying
- Current tax, homeowners/condo dues, insurance and lien information
- Additional documentation about your income, if you're self-employed
Additional information may be needed based on the type of mortgage you're applying for. VA Loan applicants will need to provide a Certificate of Eligibility.
You'll also need to provide the following information about the residence you're purchasing:
- Purchase price
- Loan amount
- Estimated homeowners/condo association dues, on property
- Type of property
- Property address
- Source of down payment
More About the Mortgage Process
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The Mortgage Process
It starts with a preapproval and finishes with your perfect home. We've broken down the process to make it easier for you.
Learn Moreabout The Mortgage Process -
Mortgage Preapproval
A preapproval lets sellers know you're a serious buyer and gives you more negotiating power when it comes time to make an offer.
Learn Moreabout Mortgage Preapproval -
Closing On Your Mortgage
The last step in your home-buying journey is closing on your mortgage—also referred to as settlement. After you complete the process, legal ownership will be transferred to you.
Learn Moreabout Closing On Your Mortgage