The following is a list of documents that may be required to process your Kentucky VA mortgage loan:
â€¢One full month's worth of pay stubs
â€¢Last 2 years W-2's
â€¢If self employed: Last 2 years tax returns with all schedules (if you are using commission, dividend or rental income to qualify then you will also need to provide your tax returns)
â€¢Address and phone number of all employers for the last two years.
â€¢Address and phone number for all landlords for the last two years.
â€¢Copy of your DD214
â€¢Your Original VA Certificate of Eligibility (we can help you get this if needed)
â€¢Copies of social security, pension, and/or retirement award letters (if applicable)
â€¢Last two months bank statements for all accounts
â€¢Documentation to support your funds to close
â€¢Explanation for any derogatory credit (if applicable)
â€¢Bankruptcy and discharge paperwork (if applicable)
â€¢Divorce decree and settlement paperwork (if applicable)
Joel Lobb (NMLS#57916)
Senior Loan Officer
Key Financial Mortgage Co. (NMLS #1800)*
107 South Hurstbourne Parkway*
Louisville, KY 40222*
There are actually 3 numbers you should consider,
- Original list price
- Final list price
- Sale price
Depending on how old a listing might be, you can better gauge the variance. A local Realtor can easily provide the stats you need.