Most people borrow money to buy a house unless they have wealthy relatives, a lot of cash in the bank or they have entered into a lease-purchase arrangement. In order to apply for a mortgage loan, there is some necessary standard information that you are going to need. 

According to USNews, the first thing you should know is your credit score. You should have checked it in advance, making any corrections or changes to the information so that you can explain it to the bank or mortgage company that you are going to contact. Also, the information on your credit score gives you a number. You need to know that number so that you could evaluate the interest rate that you would be eligible to borrow the money. You are going to need a couple of years of tax returns, including your wage information. These are things that show how much money you are making and verify that income. 

You will need to know any other income you have, such as child support, independent contractor income, trust money or other regular income. The information will help you to fill out the application. Then, you will also need information on the insurance for the house and how much that is going to be. You should have an idea where your down payment is coming from, either it is in savings, or you are going to convert assets. You should be able to identify where that money is coming from, and the bank will ask you to verify that information for them. Also, you are going to need your name, date of birth, Social Security number and address.