Federal Trade Commission Shopping for a Mortgage FAQs Url:  https://consumer.ftc.gov/articles/shopping-mortgage-faqs The following documents are essential when shopping for a mortgage:  Bank statements from the last three months show your monthly income and ability to make a down payment and subsequent mortgage payments. Pay stubs from your employer demonstrate consistent income sufficient to pay a mortgage. Personal identification, such as a driver’s license or passport. Your two most recent W-2 forms or tax returns to demonstrate financial stability. Investment account statements to give a fuller picture of your financial strength. Documents showing your monthly debt payments, such as statements about your auto loan or student loan payments. These are essential for determining your debt-to-income ratio (DTI), a metric lenders use to determine your capacity to take on additional debt. A gift letter if a friend or family member is helping you with the mortgage or down payment.

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