Pre-qualification is an informal initial estimate based on self-reported financial figures. A Verified Pre-Approval requires full underwriter verification of your tax returns, W-2s, credit history, and bank statements, generating a certified commitment letter that sellers take seriously.

Standard requirements include 30 days of recent pay stubs, 2 years of federal tax returns and W-2s/1099s, 60 days of full bank statements, official government-issued ID, and formal gift letters or asset documentation if utilizing secondary down payment funds.

Our dedicated in-house underwriting pipeline averages 18 to 22 business days from complete file submission to Clear-to-Close status, significantly outpacing the standard industry timeline of 40 to 45 days.

Do not open new credit lines, apply for auto or personal loans, make large unverified cash deposits, change employers, or make major purchases until the final loan documents are executed and funded.

By federal TRID compliance rules, your final Closing Disclosure (CD) will be provided at least 3 business days before closing. This outlines your finalized interest rate, itemized closing costs, and exact required wire transfer figure.