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.
Here's a list of everything we'll need for all borrowers on the loan.
Identifying Information
These items will help us confirm your identity and get the mortgage process started.
- Date of birth
- Social Security Number
- Navy Federal Share Savings account number
- 2-year address history
Proof of Income
We'll verify your income to make sure you're able to pay your home loan back.
- 2-year work history
- Gross monthly income to be used for qualifying for a mortgage
- Any other income to be considered for qualifying
Other Financial Information
Your assets, debts and other liabilities help us understand your overall financial picture.
- 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.
Property Information
You'll also need to provide the following information about the property you wish to purchase.
- 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 Loan Process in 10 Steps
It starts with a preapproval and finishes with your perfect home. We've broken down the process to make it easier for you.
Learn More about The Mortgage Loan Process in 10 Steps -
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 More about 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 More about Closing On Your Mortgage