Your mortgage will be one of the largest loans that you receive during your lifetime.  First Ohio Home Finance, Inc. traditionally looks at four, major factors when considering you—the borrower—for a home loan: income, debt, down payment and credit history. You will need to provide detailed information in order to receive your loan approval.

Personal Information

  • Photo ID
  • Proof of Social Security number (copy of SS card or W2 statement)
  • Residence addresses for the past two years
  • Copy of green card, if not a U.S. citizen


  • Pay stubs (past 30 days)
  • Names & addresses of each employer (last two years)
  • W-2s (last two years)
  • Tax returns: 2-year returns are required for the self-employed


  • Three months of statements for: bank accounts, mutual funds and investment accounts
  • Large deposits: explanation and source of deposit. If deposit was a gift you need: signed gift letter, copy of gift check and copy of deposit receipt.

Property Information (if in contract)

  • Purchase agreement
  • MLS sheet and legal description
  • If you already sold your current home: need copy of settlement agreement
  • If you are currently selling your home: need copy of listing contract
  • Value of personal property and furniture

Business owner (own 25% or more of business)

  • Corporate | Partnership tax returns


  • Last two years of tax returns (with all pages and schedules)
  • Profit and Loss statements (for current year) prepared by an accountant
  • K1’s for last years for all S-Corps


  • Pension award letter
  • Social Security award letter

Rental Property

  • Current rental agreements and tax returns (last two years)
  • Child support as income
  • Need copy of divorce settlement
  • Need copies of cancelled child support checks (12 months)


  • Copy of divorce decree
  • VA Loans
  • Report of Separation and copy DD form 214

Debt information

  • Info needed on all current loans: names, addresses, account numbers, monthly payments and balances (typically found by pulling credit report).
  • Credit report irregularities: credit inquiries (last 90 days), late payments, collections, judgments, liens and charge-offs
  • Bankruptcies (if filed within last 7 years): copy of bankruptcy papers

More Questions? Contact First Ohio Home Finance, Inc.

If you are looking to purchase your first home, Take This Quiz to see if you are eligible for special savings.