Buying guide · May 2026 · 4 min read
Down payment sources: what needs to be documented?
Why the source of your down payment matters as much as the amount.
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Before you read
Use this as a planning guide, not a checklist you need to perfect.
Mortgage decisions are individual. Save the parts that apply to your situation, write down your questions, and use them to make a more informed next move.
Create a paper trail
Savings, investments, gifts and sale proceeds may each be documented differently. Keep statements and gift documentation ready when applicable.
Ask before moving funds
Large or unusual transfers can create extra questions. Discuss timing and documentation before rearranging accounts.
Save these questions
Three prompts for your next conversation.
- What is my comfortable all-in monthly amount?
- What cash is needed for down payment, closing and reserve?
- Which documents can I organize before offer day?