Steven Quach

Step 1: Get Your Free Rate Quote

See how much home you can afford with competitive mortgage rates. It's easy!

• Enter your criteria above to see instant rates and payments.

Step 2: Schedule Your Pre-Approval Appointment & Upload Your Documents

Once you have a rate estimate, schedule a time to discuss your pre-approval. I can answer your questions and guide you through the process.

To prepare for your pre-approval, please gather the following documents:

• Identification:

  • Driver's License
  • Social Security Number (You can provide this securely during your appointment or through our online application)

• Proof of Income:

  • W-2 Employees:
    • Last two years' W-2s
    • Most recent 30 days of paystubs (If you receive bonuses, include the last two years' end-of-year paystubs)
  • Self-Employed/1099/Business Owners:
    • Last two years' personal tax returns (all pages)
    • Last two years' business tax returns (if applicable)
  • Retired:
    • Most recent pension (annuity) award letter
    • Most recent Social Security award letter

• Financial Assets:

  • Last 2 months of bank statements showing your primary reserves
  • Most recent mortgage statements for any existing properties
  • Property insurance declaration page for any existing properties

Additional Information:

• Assume annual property tax rate: 1.25% (divided by 12 months)
• Assume property hazard insurance: 0.35% (divided by 12 months)
• Include existing mortgage or Home Equity Line of Credit (HELOC) statements, if applicable
• LLC entity documents (if applicable)

Step 3: Get Pre-Approved for Confidence

My team of experts and I at Loan Factory will review your income, assets, and credit to pre-approve you for a mortgage. This gives you a clear idea of your borrowing power and strengthens your offer when bidding on a home.

• Pre-approval ensures:
  • Reduced anxiety: Avoid offer rejections due to last-minute loan denials.
  • Stronger offer: Increase your appeal to sellers with pre-approval validation.
  • Streamlined process: Simplify the loan process and avoid delays in escrow (except appraisal).
  • Diverse income handling: We can handle complex financial situations for a smooth pre-approval experience.

Step 4: Find Your Dream Home!

With strong support and your pre-approval in hand, you're ready to confidently search for your perfect home.