Purchase Checklist

Purchase Checklist

You are not required to provide any of the following items until after you have received a Loan Estimate and indicated your
Intent to Proceed. However, at the pre-qualification stage, the more information you are able to provide to your loan officer,
the better equipped your team at Milestone Mortgage Soulutions will be to answer your questions and provide the high level of service you deserve.

Standard Documentation

  • Copy of Valid Driver’s License (or photo id, front & back)


  • 2 Year Complete Work History


  • 2 Years W-2’s (for all jobs)


  • 1 Month of Pay Stubs (full 30 days)
    • Must include employee name, employer name & YTD
      income amount


  • 2 Months Complete Bank Statements
    • All pages (even if blank) Most Recent 2 Consecutive
      Months Including Transaction Histories
    • Must state full name, full account number, bank’s
      name and running balance
    • All prior-month bank statements must be official
    • Large deposits may require additional documentation
    • (Please note that the balance in your checking and
      savings account must remain positive on all submitted

Subject Property Documentation

  • Fully Executed Purchase & Sale Agreement
    OR Sales Agreement


  • Copy (front & back) of Cancelled Earnest Money
    Deposit Check (when available). Cash Payments
    NOT Allowed.


  • Homeowners Insurance Policy Price Quote
    Including Name and Phone Number of Insurance

Additional Documentation

These MAY be requested based on your specific circumstance(s)

  • 2 Years Complete Tax Returns (1040’s and 1099’s)
    • All schedules, all pages
    • Signed by borrower and/or preparer
    • Name and phone number of CPA (if applicable)
    • Payment arrangement w/ proof of payments and/or
      filed extension (if applicable) – Additional conditions
      may apply


  • Resident Alien Card/Green Card
    (if applicable, front & back)


  • Social Security Award Letter/Pension Statements
    (if applicable)


  • Divorce decree (if applicable)
    • Child support order & alimony agreements and proof
      of payment
    • Cancelled checks & additional documents may be


  • Gift Letter and support documents
    including donor’s bank statement (if applicable)


  • Collections and judgements may be required to be
    paid in full


  • All Retirement Savings Statements (IRA/401K)
    (if applicable)

For Additional Real Estate Owned

  • Current mortgage statement(s)


  • Current tax bill(s)


  • Current insurance policy(s)


  • Copy of association dues (if applicable)


Milestone Mortgage Solutions is Licenced in Florida, Rhode Island, New Hampshire, and Massachusetts. For more info visit


FL: MBR3333
MA: MB1815656
NH: 23204-MBR
RI: 20193813LB