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| We look at two key factors: The borrower’s ability to repay the loan and ability to repay the mortgage by calculating th DTI. |
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 Pre-Qualification |
| Once a lender has gathered information about a borrower’s income and debts, a determination is made as to how much the borrower can pay for a house. |
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| The Application |
| The application is the true start of the loan process. It usually occurs between day one and five of the start of the loan. |
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| Processing |
| Once the application has been submitted, the processing of the mortgage begins. The Processor opens Escrow and orders the credit report, Appraisal, and Title Report. |
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We know the home loan process can create a lot of questions along the way. An evaluation of your credit worthiness based on your income, assets, debts and past credit we are able to approve you for the maximum home loan amount that you're eligible for toward a purchase or refinance. |
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| Salaried borrowers will need to provide the past two-year W-2s,
one month of recent pay-stubs
and any assests. |
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Self-employed borrowers need to document proof of business along with length of time such as licenses, corporate documents, and assests. |
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If you wish to speed up the approval process, you should also provide the past three-months bank, stock, mutual fund account statements, stock brokerage or IRA/401k accounts.
Required documents may vary vased upon loan application and underwriting guidlines set forth by banks or lenders. |
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