After signing the purchase agreement, you file a loan application with the mortgage lender you have chosen. Loan application approval may take anywhere from 1 day to 3 or more months. If you previously pre-qualified for that loan amount with the same lender then the process may generally take relatively less time.

Mortgage lenders differ in terms of their documentation requirements for loan application. Some require evidence of every minor detail in the loan application and ask for originals while others require documentation that supports only certain items in the application. It is, however, a good practice to have all the documentation that substantiates your claim in the loan application. Some of the information they may request is illustrated below (though this is not a complete list):

  • Personal Information: Name or names of persons applying for mortgage loan, current address, phone number, social security number, current and past employers and other similar personal information.
  • Financial Details: Current income from all sources, benefits & added income, bonus, stocks, bank accounts, assets including cars & other vehicles, all liabilities i.e credit card debts, car payments, other debts, any bankruptcy or judgments, credit references and any other information that gives an indication of your assets or liabilities.
  • Real Estate Information: Location and price of the real estate being bought, any legal data about the real estate, purchase and sale agreement and any other information about the real estate that the lender may deem appropriate.


   1.  Most recent pay-stubs, covering a 30 day period for all borrowers.

   2.  Copy of last two years of W-2's.

   3.  Bank statement copies (all pages) for ALL account covering the last 2 months.

   4.  List of ALL DEBTS OWED with account names, addresses, numbers, balance and minimum monthly payments. (I.E. credit cards, car payments, student loans, timeshares, child support, alimony etc.).

   5.  Copies of ALL asset accounts. ( I.E. stocks, bonds, mutual funds, savings, 401K etc.).

   6.  Copy of car title, if the car is less than five years old and owned free and clear.

   7.  VA Loans Only: Statement of Service, DD-214 (if discharged from service), Certificate of Eligibility (if you do not have one I will order it for you). Transfer orders, and Advance Pay information.

   8.  Copy of documentation for ALL sources of income. This includes but is not limited to Social Security, child support, alimony etc.

   9.  Names, addresses and phone numbers of your landlords for the last 2years and your home addresses for the last 2 years.

  10. Employer's name, address, and phone number for the previous 2 years.

  11. If you have a house to sell, please, send a copy of the listing agreement or sales contract, and the settlement statement when property is closed.

  12. If bonus commission and /or overtime incomes are being used to qualify bring your last 2 years income tax returns.

  13. Real Estate owned: Addresses, loan information, value and current copy of lease, if applicable. ( Land, vacation home, investment etc.). 

  14. All information regarding bankruptcy, foreclosures, final divorce decree and separation agreement.

  15. Self Employed Only: Copies of the last 2 years tax returns and all schedules and current year to date Profit & Loss Statement.

  16. Refinances: Bring a copy of your Deed, Note, Settlement Statement, Insurance Information and Survey.

A.J. Williamson  is the sole owner of the information collected on this site. Neither A.J. Williamson  nor the team associates will sell, share, or rent this confidential information to others. Your privacy is the primary concern  for A.J. Williamson. 

By submitting personal information such as name, address, phone number, email address and  additional data, the real estate client/prospect consents that A.J. Williamson and his  authorized representative may contact client/prospect by phone, U.S. Postal Service, or e-mail whether or not client/prospect is participating in a state or federal or other "do not contact" program of any type.

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A.J. Williamson

Assoc. Broker, GRI, Realtor

Direct:(757) 639-3222



RE/MAX Alliance

 4701 Columbus St. #200, VA Beach, VA 23462



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Each RE/MAX office is independently owned and operated.  This site is owned by and associate of RE/MAX Alliance for real estate information.  The content and views expressed herein may not be those of RE/MAX International, RE/MAX  Atlantic Region, or RE/MAX Alliance Realty.  RE/MAX Alliance  is an Equal Opportunity Employer and requires that its associates conform with all Fair Housing laws and regulations.

A.J. Williamson
Assoc. Broker, GRI, Realtor
Direct:(757) 639-3222


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