A document needs list is a summary of all the documents that a lender needs a borrower to provide in order to process a home loan application. Typically, a document needs list includes items such as paycheck stubs, bank statements, tax returns and proof of supplemental income, if it is being considered. Borrowers who are self-employed are usually required to provide proof of revenue. A document needs list may be more extensive for loans that may be considered high risk. Ultimately, the lender stipulates which documents are required in order to process and close on a new home loan. Applicants can address any difficulties in obtaining any of the items listed on the document needs list with the lender directly. To expedite the approval process, applicants may consider gathering copies of documents that relate to their financial position before applying for a home loan.