Mortgage Application
What You Need:
- Copy of valid photo ID.
- Recent bank statements (all pages).
- Recent pay check stubs.
- Most recent two years’ W-2 forms.
- Most recent two years’ federal tax returns (all pages).
- Divorce Decree (if applicable).
- Copy of student loan statements/bills (if applicable).
Mortgage Closing
What You Need:
- Cashier’s check payable to yourself and personal checkbook for any optional and additional items.
- Documents required at closing by Mortgage Company.
- Valid Photo ID.
- The last 10 years of residence.
- Reminder: All applicants must be present unless approved and arrangements made to pre-sign/ Power of Attorney forms completed and approved by Title Company and lender.
What You'll Receive:
- Copies of all documents that you sign regarding the mortgage.
- Closing Statement (HUD-1 settlement form).
- Copies of Warranty Deed, Bill of Sale and Seller’s affidavit.
- Keys and garage door openers if applicable.
After the Closing:
- Take a copy of your Warranty Deed to City Hall and file homestead.
- Check local schools for registration procedures.
- Register to vote.
- Change address on your driver’s license (Minnesota law requires this be done within 30 days after you move).
- Change address at post office.
