You've identified your price range and have learned about the mortgage options that may be right for you. Now it's time to gather all the information and supporting documentation you'll need to apply for a mortgage preapproval or to submit your mortgage application. Getting ready ahead of time will help the process move along quickly and smoothly.

Arrange your paperwork
Here are some of the documents you may need to prepare for the home financing process:

• Your social security number (or proof of permanent residency)
• Pay stubs for the last two months
• W-2 forms for the past two years
• Bank statements for the past 2-3 months
• 1 to 2 years of Federal tax returns
• A signed contract of sale (if you've already chosen your new home)

You can also print our Applicant's Checklist for more complete details on what you will need. Be sure to ask about additional requirements if you're self-employed, or buying a co-op or condominium

Order a copy of your credit report
Your credit report will be ordered by Chase as part of your application process; however, if you review your credit report and address any errors before you apply, you can avoid potential delays during processing.

Remember, when assessing your financial picture, be as honest and thorough as possible. That's the best way to secure the mortgage that's right for you. There are mortgages for just about every buyer and situation.

To learn more about mortgage terms and definitions, see our Mortgage Glossary.