NOTICE: The San Francisco branch is temporarily closed due to the shelter in place guidelines. The following branches are open: Campbell, Cupertino, Dublin, Fremont, Milpitas, Palo Alto, San Jose, Santa Teresa and Sunnyvale. Our branch ATMs remain operational, with the exception that we may need to temporarily restrict access to select ATMs due to local conditions. Click here for branch locations and hours.

  • The Pathway to Mortgage Pre-Approval

    Chris O'Shea

    How to get pre-approved for a mortgage 

    One key to snagging the house of your dreams is to be pre-approved for a mortgage. When sellers see a pre-approval note, they know there’s less hassle involved, and this will likely give you the edge over other buyers. Here’s some tips to make sure you get pre-approved.

    Clear The Obstacles 

    Long before shopping for a loan, you need to clear any financial obstacles in your way. That means correcting any errors on your credit report, making sure your credit score is as high as possible, paying down all your debt and padding your savings account.

    Get the Paperwork 

    Lenders will need access to a few different items before approving your loan, so it’s best to gather the following documents:


    1. W-2 forms (at least two years worth)
    2. Pay stubs (at least two months)
    3. Federal tax returns from the past two years
    4. Bank statements from the past two months
    5. Driver’s license


    Shop Around 

    As with any big purchase, you’ll want to shop around for the best lender available. Make sure you feel comfortable with the loan officers (or other front line folks you’re dealing with) and their communication style. Also, as US News suggests, check the CFPB site for any consumer complaints about the lender. Once you find a couple lenders, apply for pre-approval and pick the offer that makes the most sense for your budget.

    Back to Blog

    Leave a Comment


    characters remaining


Give Us a Call

We look forward to chatting with you.

(800) 553-0880

For new loan related inquiries, call

(877) 988-0471

View Our Contact Info

Visit Us in Person

We’re here to serve your needs in person at our San Jose Headquarters. Visit us at 2010 N. First Street, San Jose, CA 95131.
Get Directions

Want More Info?

Interested in learning more about all we have to offer? Receive personal finance tips along with emails focused on key topics. You can even sign up for our monthly newsletter.
Request More Information