Virginia mortgage tools

Documents Needed for a Virginia Mortgage

Tell us a little about your loan and get a checklist you can tick off as you gather your paperwork.

About your loan

Loan program

How do you earn income?

Anything else apply?

Getting started

Documents gathered

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Talk through your documents

A general checklist. Your loan officer may ask for more, or less, depending on your file. Send only what is requested, through a secure upload.

Mortgage document checklist

Your checklist

Why lenders ask for these

Every document answers one of four questions about your loan.

Who you are. ID and Social Security number confirm identity and let the lender pull credit.
What you earn. Pay stubs, W-2s or tax returns show stable income that can support the payment.
What you have saved. Bank and retirement statements show the money for the down payment, closing costs and reserves.
What you are buying. The contract and insurance details tell the lender about the property.

Documents FAQ

Do I need two months of bank statements?

Usually, with every page, even blank ones. Lenders look for the source of your funds and any large deposits.

What is a large deposit?

Rules vary by program, but any deposit that is not your regular pay may need a paper trail. A short letter and a copy of the source often settle it.

I am self-employed. What changes?

Lenders look at your business income instead of pay stubs. That usually means two years of returns and a year-to-date profit and loss, or bank statements on some programs.

Can I send documents from my phone?

Ask your loan officer about secure upload. Avoid emailing sensitive documents.

Will I need more later?

Underwriting sometimes asks follow-up questions. Responding quickly keeps the file moving.

Duane Buziak, NMLS #1110647. Licensed in VA, TN and GA. Brokered through Coast2Coast Mortgage, NMLS #376205. For illustration only. Not a loan offer, commitment or rate quote. Equal Housing Opportunity.