What documents do I need for a loan?

Make sure you have the right documents to get approved for your next loan.

Whether you’re applying for a mortgage, a personal loan, an auto loan, or a student loan, there’s a long list of documents you’ll need to have ready. While applying for a loan may feel like mountains of paperwork, comprehensive financial documentation helps show your lender that you're a trustworthy borrower. Learn more about how to prepare for your next loan.

Your document checklist.

Depending on the type of loan you want, your lender may request additional information. This can include a credit check, your tax returns, or your renting history (if you’re applying for a mortgage) – just to name a few.

Come prepared with the following basics to be ready for a productive conversation with your lender.

Loan application: The exact form will vary from lender to lender, but no matter what, you’ll need to complete the application your lender provides you. It’s typically straightforward — with basic asks for personal information, desired loan amount, and the loan’s purpose.
Proof of identity: Your lender will want to verify that you are who you say you are. Make sure you have two forms of identity that identify you as a citizen or permanent resident, typically a driver’s license, passport, state-issued ID, citizenship certificate, birth certificate, or military ID.
Employer and income verification: Now that your lender knows what kind of loan you want and who you are, they'll ensure you’ve got the financial stability to pay back the loan. That means secure employment at a salary that makes sense for the loan amount (e.g., if you make $50,000 a year, a lender won’t really trust you to pay back a $1 million loan). Minimally, you should supply pay stubs, tax returns, W2 or 1099, bank statements, and your employer’s contact information.