A pre-approval letter is a document from us stating of how much money we are willing to let you borrow to pay for a house.
We will need your most recent two years W’s, 30 day recent check stubs, and two months current bank statements. If you are self employed or your income is primarily derived from commissions, we will need your two years personal and business tax returns.
Once a mortgage loan originator on our team reviews your credit report, income docs, and assets we will determine the right amount for your pre approval.
Free. Loan Cabin does not charge any application fees or junk fees.
Once a mortgage loan originator reviews all your documentation that you have provided such as W-2s, Check stubs, Credit, and bank statements we can get you the pre approval letter within hours.
Yes. This helps us determine your exact credit score and monthly debt obligations so we can be sure you qualify for a loan.