VA Loan Checklist

Personal Information

  • Your basic information like name, address, phone number, date of birth
  • Social Security numbers for all applicants
  • Race and ethnicity (requested on all mortgage loans)
  • Copy of valid ID such as a driver’s license or government ID
  • Number and age of dependents

Military Information

  • Copy of DD214 if separated from the military
  • Statement of service from your commanding officer if you are active duty
  • Your Certificate of Eligibility (COE)

Employment/Income

  • Name, address, phone number, and dates of employment for all employers over the last 2 years
  • One month of pay stubs
  • Last 2 years of W2 statements
  • If self employed: Last 2 years tax returns with all schedules
  • Copies of social security, pension or retirement award letters and corresponding 1099 statements
  • Divorce decree and settlement paperwork (if applicable)

Assets

  • 60 days of bank statements for checking and savings accounts showing enough money for your down payment and closing costs (if not covered by the seller)
  • 60 days of statements for retirement accounts
  • Real estate currently owned, if any

Property

  • Purchase contract accepted and signed by you and the seller
  • Appraisal showing the property value
  • Name and contact information for your homeowner’s insurance agent
  • Name and phone number for the homeowner’s association, if applicable
  • The home inspection report
  • Property must be occupied by your after closing. Rental or investment property is not allowed.

Credit/Liabilities

  • List credit card balances, student loans, auto loans and other credit accounts
  • Amount paid each month in child care
  • Explanation for bad credit (if applicable)
  • Bankruptcy and discharge paperwork (if applicable)
  • Documentation disproving any erroneous items on your credit report