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Application Checklist

March 29, 2023


There are many different loan programs that we offer at The Bank of Elk River. By being informed on today's mortgage options, you will be able to choose the one that best fits your financial needs.

The Bank of Elk River's pre-approval gives you the ability to purchase your home with ease and confidence. Once your pre-approval application is processed and your approval is granted, we will be able to provide you with a pre-approval letter. (Subject to a signed purchase agreement, verifications, appraisal, and any other terms addressed in your pre-approval letter).

Application Checklist

Since every situation is unique, the required documentation may vary. Below is an application checklist of items you are likely to need:

  • W-2's for the last two years
  • Current pay stubs covering one month
  • Last two months bank statements (all accounts: checking, savings, investment & retirement accounts)
  • Loans (including mortgages)
  • The name, addresses, and account number of the Lender
  • Charge Cards (Account numbers and minimum payment balances)
  • Landlord (Name, address and phone number for the last two years)


  • If commissioned or self-employed – Two years of personal and corporate tax returns, year-to-date profit and loss statement
  • Court Decrees (bankruptcy, divorce, and judgment satisfaction)
  • Construction Loans – sworn construction statement & blueprints

Contact a Mortgage Lender

Pre-Approval applications will only be accepted from persons in the Greater Northwest Minneapolis / St. Paul Area.