VA Loan Document Checklist
The documents needed for a VA loan can vary depending on your loan type, employment, income, assets and individual circumstances. The lists below are a general guide to documents that may be requested during the mortgage process. Stuart will let you know which documents are needed for your specific loan.
VA Purchase
Depending on your circumstances, documents may include:
- Government-issued photo identification
- Recent pay stubs and other documentation of current income
- W-2s or other applicable income documentation
- Recent bank or asset statements when assets must be verified
- Signed purchase contract once you are under contract
- Information needed to establish your VA eligibility or obtain your Certificate of Eligibility (COE)
- Additional documentation for other income, obligations or circumstances that affect qualification
Self-Employed?
If you're self-employed, additional documentation may be needed to verify your income, such as personal or business tax returns, a year-to-date profit and loss statement and, when applicable, a balance sheet. Stuart will let you know what is needed based on your specific situation.
VA IRRRL (Streamline Refinance)
A VA Interest Rate Reduction Refinance Loan (IRRRL) is designed to refinance an existing VA-backed mortgage. Documentation requirements are generally more streamlined than for a VA purchase or regular refinance.
Depending on the loan and lender requirements, you may be asked for:
- Government-issued photo identification
- Information about your existing VA mortgage
- Current mortgage statement
- Information needed to verify prior use of your VA home loan benefit
- Additional documentation required for your particular transaction
Already Have a VA Loan?
An IRRRL is specifically designed to refinance an existing VA-backed loan. Your lender can generally obtain the necessary Certificate of Eligibility information electronically.
VA Cash-Out Refinance
For a VA cash-out refinance, documentation may include:
- Government-issued photo identification
- Recent pay stubs and other applicable income documentation
- W-2s or other income records as applicable
- Bank or asset statements when required
- Current mortgage statement
- Information needed to establish VA eligibility
- Additional documentation based on employment, income, debts and the property
Additional Documents May Be Needed
Every mortgage application is different. Depending on your circumstances, Stuart may request additional documentation related to self-employment, retirement or disability income, other real estate owned, debts, divorce or support obligations, gift funds, rental income or other factors affecting the loan.
Not Sure What Documents You Need?
Every VA loan is different. Stuart can help you understand which documents may be needed for your specific situation.
TALK WITH STUART