9 things you'll need to get preapproved for a mortgage - Business Insider

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You may need special documents depending on your situation when you apply for preapproval, like 1099s or landlords' contact information

You'll need to have certain documentation on hand when you either speak with a lender face-to-face or apply online.Have an official form of identification on hand, like a driver's license or passport.

You'll also need to provide your Social Security number. Simply telling the lender your number isn't enough. You should either show your Social Security card or a document that includes your number in full, like a tax form.Bring an official document that shows your present address. This can't just be an envelope addressed to you from a friend or family member. It needs to be a legal document, such as a utility bill or bank statement.Bring pay stubs from your current job.

If you're self-employed, then you have to show more employment documentation. Bring profit and loss statements, tax returns, and 1099s for the last two years.Along with your current employment and income level, a lender wants to look at information from the past couple years. Gather W-2 forms and tax returns from the past two years.

 

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