If you decide to work with a mortgage broker, they will ask you to provide several things, including:
Income verification, including a W-2, pay stubs, tax returns and information about alimony or child support payments If you are self-employed the broker might ask you to provide two to three years of tax returns, Form 1099 documents and profit-and-loss statements Asset and debt information, including retirement/investment account statements, bank statements and a gift letter if gift funds are being used to purchase the home Information so the mortgage broker can verify your credit score and payment history through a credit report Information about any bankruptcies or foreclosures, and utility or insurance payment history if you do not have a credit history
Keep in mind this is not an all-inclusive list, and the broker might require additional documentation to process a loan application. These documents are used to see what type of loan program and which lender is most appropriate for your mortgage loan.