When Do Mortgage Documents Expire?

The acceptable age of paystubs and bank statements for mortgage applications can vary depending on the lender’s requirements and guidelines, as well as local regulations. While this is general information, each lender will have their specific requirements for mortgage documentation.

The acceptable age of paystubs and bank statements for mortgage applications can vary depending on the lender’s requirements and guidelines, as well as local regulations. While this is general information, each lender will have their specific requirements for mortgage documentation.

In many cases, lenders typically require paystubs and bank statements from the most recent two months. This time frame allows them to assess your current income and financial situation accurately. Older documents may not provide an accurate representation of your current financial standing.

However, it’s important to note that individual lenders may have their own specific requirements. Some lenders may request additional documentation or may accept slightly older statements, especially if there are specific circumstances involved, such as self-employment or irregular income or when using alternative documentation lender programs such as bank statement loans.

To ensure you have the most accurate information, reach out to your mortgage lender or broker and ask them directly about their specific requirements regarding the age of paystubs and bank statements for mortgage applications.