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VA Mortgage Purchase Info |
The following is a list of Documents that are
usually the standard information needed to qualify for a VA Mortgage:
For Borrower and Co-Borrower For A
Standard Purchase
1. VA Certificate of eligibility (DD214)
(If you no longer have your certificate, you need
to contact the veterans administration to get a copy by using there
-VA Form 26-1880-for
more information go to
va.gov
2. W2's
(last two years) / 1099 for self employed
3. Most recent pay stubs / usually last
two
4. Most recent Checking account
bank statements (all pages, even if the pages are blank and state
,"intentionally left blank" they must usually be submitted. If your bank
statement shows pages number 1 of 12, then twelve pages must be shown even if
they count the back of a page)
5. Most recent Savings account bank
statement (If you have a savings account the same rule of showing all pages
still apply
6. Asset Statements (Assets can be
trust, stocks, bonds, 401k's ect. Since, companies that manage these assets
usually send statements quarterly, Find the last quarter or contact them for an
updated statement. *Most lenders will not accept internet print outs of
statements, but rules are changing, so if you can only get statements via the
internet, contact your loan officer for the lender's requirements
7. As
with all loans (as required by the patriot act) A VALID STATE DRIVERS
LICENSE AND SOCIAL SECURITY CARD - The underwriters and closing departments at
mortgage companies will usually only accept a Valid picture passport and a
printout* (*signed dated and contact phone number) from The Social
Security Administration as substitutes for the requirements
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