How many months of bank statements do I have to provide?

Wondering how many months of bank statements for mortgage approval you’ll need to provide? Bank statements are a standard part of any mortgage application — they give lenders a clear view of your finances and help determine how much home you can afford. The required time frame can vary depending on the type of mortgage. Here’s a quick breakdown:

• Fannie Mae (Conventional): Requires the most recent two months of bank statements for purchase transactions. For refinances, one month may be sufficient.
• Freddie Mac (Conventional): Typically requires the most recent two months of bank statements.
• FHA: Generally requires the most recent bank statement.
• USDA: Requires the most recent two months of bank statements.
• VA: Typically requires the most recent two months of bank statements.

Keep in mind that specific requirements can vary depending on the lender and your loan details. It’s always best to consult with a mortgage expert for personalized guidance.