Business LoansAccounts Style 02Car LoansCareersCheckingCredit CardsDigital BankingAccounts Style 01Home Equity LoansInsuranceInvestingMembershipMortgagePersonal LoansRV, Boat, Motorcycle LoansSavings
Skip to main content
Back to Mortgages

Mortgage Documents Checklist

Featured Image
reviewing paperwork

This list will help you gather information and documents for your mortgage application, to help get the mortgage process off to a fast and efficient start. Please note: we need this information for each applicant.

If you have any questions or need assistance, please talk to one of our mortgage loan officers.

Income documentation:

  • Copies of your W-2 forms for the past 2 years
  • Pay stub(s) for the last 30 days, showing year-to-date and current period earnings
  • Proof of Social Security or Pension Income, if applicable
  • Copy of divorce decree, separation agreement, or property settlement agreement, if applicable
  • Proof of child support/alimony income, if you want to have it considered as qualifying income

If you’re self-employed:

  • Copies of your signed Federal 1040s for the past 2 years (all schedules and all pages)

Asset information:

  • Copies of your statements for past 2 months, or your last quarterly statement, for all checking, savings, IRA, 401(k) or other retirement program, stock and mutual fund accounts (all pages)

If you are receiving money from a relative for the down payment:

  • Copy of gift letter (mortgage loan officer will provide a form to you)
  • Proof of the donor’s ability to give funds
  • Documentation of your receiving the funds

If you are selling Real Estate and the proceeds will be used for the down payment:

  • Copy of the executed sales agreement
  • Copy of the Closing Disclosure

If you own Real Estate other than your primary residence:

  • Street address
  • Current market value
  • Lender’s name and account number
  • Property taxes and insurance costs
  • Proof of any rental income (current leases and/or all pages of last 2 years tax returns)

Residence information:

  • Street address of every residence you have lived in during the past 2 years

If you are currently renting:

  • Your current landlord’s name(s), address and phone number

Miscellaneous information:

  • Name and telephone number of closing attorney and/or title company (if you don’t yet have one, you may check out our affiliated business, Virginia Statewide Title Services)
  • Homeowner’s insurance agent and telephone number
  • Explanation(s) of any late credit payments
  • Explanation(s) of any gaps in employment

For a purchase transaction:

  • Copy of your signed and executed purchase agreement and all addenda
  • Copy of your cancelled deposit check
  • Your Realtor’s name and telephone number

For a refinance transaction:

  • Copy of your monthly statement for the current mortgage
  • Copy of survey, title policy, and homeowner’s insurance
  • Copy of your monthly statement for any Equity Loans or Lines of Credit, if applicable
  • Copy of your mortgage note (for FHA and VA Loans only)

For a construction transaction:

  • Copy of signed contract between builder and borrower
  • Copy of signed plans and specs for home
  • Copy of the deed to the land, whether owned or purchasing
  • Copy of builder's license 
  • Contract for purchase if not owned
  • Complete builder information: name, address, phone numbers, federal tax ID number
  • Certificate of liability for the builder
  • Builder’s risk/homeowner’s policy
  • Statement from Builder listing a complete cost breakdown

Veteran’s Administration or Federal Housing Administration loan applicants

  • Military discharge papers (Form DD214), if applicable (for VA loans)
  • Copy of your Driver’s License or Passport
  • Certificate of Eligibility (for VA loans)

Whether you're buying your first home or refinancing a current mortgage, Virginia Credit Union is there at every step.

  • Related Resources

    See More Resources

  • Getting Pre-Qualified for a Mortgage

    A mortgage pre-qualification is an initial evaluation of the credit worthiness of a potential borrower used to determine the estimated mortgage loan amount that the individual could qualify for.
  • What to Know When Buying a Home

    Whether you’re thinking about a starter home, upsizing, downsizing, or just looking for a change of scenery, this is the webinar for you!