Having an accurate rate that you can truly qualify for is the only way to determine your actual cost of a loan (including what your monthly payment would be.)

That really depends, as it can vary based on your personal situation.

Once you speak to someone from our offices, they'll be able to determine what (if any) additional documents we may need from you.

But the basic documents needed in most cases are:

1) Government issued ID (Usually a Driver's License)

2) Past 2 Months of official Bank Statements (Not screenshots)

3) Past 30 days of Paystubs

4) Past 2 Years of W2s (Or Tax Returns for self-employed individuals)

We realize that might be a bit more than you're comfortable providing "just to get a mortgage interest rate quote" (and it might even be a factor in why so many companies don't ask for these documents until they've got you hooked!)  - But a careful analysis of this documentation, coupled with a soft credit pull, is the only way to truly quote an accurate mortgage interest rate.

Well, more often than not, these companies aren't intentionally trying to mislead you (at least we hope not). -- But it's really just a numbers game.

If they can reel in loan applications by advertising their BEST CASE scenarios, they're getting in leads, and moving people down the pipeline.

Think of casinos. If they only showed people loosing money in their advertisements (what happens MOST of the time), they wouldn't be anywhere near as profitable as they are.

But the fact is that most people won't be able to meet the qualifications for those best case scenarios. And once you complete a full loan application, a lot of people feel like they're obligated to continue, not realizing that they may end up paying more for their loan than they had anticipated.

That really depends on what your idea of "Pre-Approved" means. Pre-Approvals and Pre-Qualifications are sometimes used interchangeably and often times very loosely.

Where as many Loan Originators might give you a Pre-Approval based on a few basic pieces of information you provide them, we take it a few steps further.

That's the reason we ask for certain documentation up front, in order to qualify you for the lowest, most accurate rate possible, instead of just 'winging it', and giving you an estimated rate that just goes up once you get further along into the process.

We've found that even though this seems like a lot of work up front (and it is!) - it's still the most efficient way to get the job done correctly, and keep reeling in those 5-Star reviews.

No, absolutely not. There is NO FEE or obligation to get started.

We invest the time up front at no cost to you, because in the long run it's more cost-effective than diddle-daddling around and upsetting potential clients by making them play interest rate whack-a-mole.