Please print and use this checklist to help you complete the mortgage application process. Here are things you’ll need. In some cases, we may ask you for additional information.

 Application – Use our online application, apply by phone or request an application by mail by calling us at (804) 323-6000, ext. 1017, or (800) 285-5051, ext. 1017.

 W-2 forms for the previous year and pay stubs showing 30 days of pay history.

 An explanation for any gaps in employment.

 If self-employed or commissioned: federal income tax returns for the past two years.

 If you receive pension, disability, Social Security or VA Administration benefits: federal income tax returns for the past two years or a copy of the award letter and evidence that payments are received.

 If you receive rental income: a copy of the lease. If you own two or more rental properties, provide Schedule E from your federal income tax returns for the past two years.

 If you receive income from notes receivable or a trust: copy of the note or trust.

 Most recent bank statement (including checking, savings, money market accounts and loans) for any non-VACU accounts. Include all pages of your statement.

 If you are renting: the name and address of your landlord.

 A copy of the accepted sales contract for the subject property.

 If you are applying for a VA loan: your Loan Guaranty Certificate.

Optional: Consider applying for a Home Equity Loan or Line of Credit when you apply for a first mortgage, for funds for furniture, appliances and redecorating. You pay no closing costs; property insurance is required. See additional information and rates

Please contact us if you have questions or if we can help you in any way.

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