Getting your paperwork ready for a VA cash-out refinance
Step 2: income documents
Prep note
Unlike an IRRRL, a VA cash-out refinance requires full income verification. Wage earners usually provide pay stubs and W-2s; self-employed borrowers provide personal and business tax returns; retirees provide award letters and benefit statements; active duty borrowers provide a recent Leave and Earnings Statement. Lenders also review credit and residual income.
Last reviewed against the primary sources listed below.
By income type
| How you are paid | Common documents |
|---|---|
| Wages | Recent pay stubs, two years of W-2s |
| Self-employed | Two years of personal and business returns |
| Retirement or VA benefits | Award letters, recent statements |
| Active duty | Recent Leave and Earnings Statement |
Prep questions
Is income verified on a VA cash-out?
Yes. Full credit and income underwriting applies.