When you are ready to apply for a mortgage to buy a home in Colorado Springs, there are certain documents that you should have handy. The lender that you choose to help you find a mortgage may ask for different things, depending on your specific situation: who you are, what your credit is, how you are employed and what kind of loan you are trying to get.

FHA Loans:

• 2 years W2's
• 2 months bank statements
• 2 most recent paystubs
• The most recent copy of asset statements-401K, PERA, etc.

Conventional Loans:

Traditionally, a conventional loan is for borrowers (home buyers) with a more established (positive) credit history that enables the automated system to ask for less documentation. Usually, all you will need is:

• Only need 1 year W2's
• One paystub

Self employed borrower (for any loan type):

• 2 FULL YEARS OF COMPLETE TAX RETURNS (not just W2's)
• 2 years W2's
• 2 months bank statements
• 2 most recent paystubs
• The most recent copy of asset statements-401K, PERA, etc.

Please Note:

• People who have been divorced will need their separation papers
• Child support will need court ordered documentation as well as 3 months of bank statements to prove the receipt of the support.