The old Mortgage Mark guide asks borrowers to provide the complete bank statements for the requested period, including blank pages. Statements should identify the account and account holder.

Your lender will tell you which accounts and statement periods are required and where the funds for closing are expected to come from.

If you pay earnest money or option money, keep copies of the cleared checks or other payment confirmations. Your lender may also request a bank statement or transaction history showing that the funds left your account.

For more information about these payments, see our Option Money and Earnest Money guide.

Lenders may request an explanation and supporting records for significant deposits that aren’t clearly identifiable as regular income. If funds came from another account, you may need to provide statements showing the source and transfer.

Keep records of transfers and avoid moving funds unnecessarily while your application is being reviewed.

If you’re using gift funds, your lender may need documentation identifying the donor and showing how the funds were transferred. Gift eligibility and required documentation depend on the loan program.

If an account is jointly held with someone who isn’t a borrower, the lender may ask for additional documentation to confirm how the funds can be used.

See our Mortgage Gift Funds resource for more information.

If you plan to use money from a retirement account or brokerage account, your lender may need documentation showing the funds are available and, where applicable, have been liquidated.

If you’re using business funds to close, additional documentation may be required to evaluate the source of the funds and the impact of the withdrawal on the business.

Keep complete statements, payment records, and supporting documents organized. Requirements vary by loan program and individual circumstances, so ask your lender for a list tailored to your application.

For the broader list of documents that may be needed, visit our Mortgage Document Checklist.