Mortgage Loan Submission Checklist
This checklist covers every document needed for a standard purchase, refinance, or investment property submission. Use it before every file hits your processor's desk.
Frequently Asked Questions
Is the checklist different for FHA, VA, and USDA loans?
Yes — government loans require additional items: FHA needs a case number, VA needs a COE, USDA needs rural eligibility verification. CTC provides loan-type-specific addendum checklists for each program.
What income documents do I need for a self-employed borrower?
2 years personal tax returns (all pages, all schedules), 2 years business tax returns if applicable, year-to-date P&L, and a CPA letter confirming self-employment status and business viability.
How recent do bank statements need to be?
Most investors require the 2 most recent months of all asset accounts. Statements older than 90 days at the time of closing will need to be updated.
Put this into practice.
CTC handles the file so you can stay in front of borrowers and Realtors.