Online Application
Start your journey toward homeownership today! Simply fill out our online application, and a Home Loan Specialist will review your information promptly. We’re here to help you through each step, ensuring a smooth and stress-free loan process!
Ready to take that next step?
Not sure how much home you can afford? Thinking about refinancing? Use our tools and resources to find the answers you need.
QUESTIONS & ANSWERS
Frequently Asked Questions
If you have more questions, please call us at (206) 391 6396
or email us at bryant@bryantluke.com
What documentation do I need to provide?
On salaried wage earners, we will ask for W2’s, recent paystubs, bank statements, driver license, and if applicable current mortgage statements. For self-employed borrowers, minimum 2 year tax returns, bank statements, driver license, if applicable current mortgage statements/business K-1’s.
What is the difference between pre-approved and pre-qualified?
When a homebuyer is pre-qualified, he or she has provided the lender with the basic information such as paystubs, bank statements, W2’s, etc. to determine which loan program the homebuyer may qualify for. When a homebuyer is pre-approved, the lender has collected, verified and submitted the information needed for underwriting and approval.
What are the closing costs?
Closing costs include items like appraisal fees, title insurance fees, attorney fees, pre-paid interest and documentation fees. These items are usually different for each customer due to differences in the type of mortgage, the property location and other factors. You should receive a loan estimate of your closing costs in advance of your closing date for your review.
What is mortgage insurance and why is it required?
Mortgage insurance protects the lender against taking a financial loss in the event the borrower stops making payments. It is required on mortgage programs that require little or no down payment and the lenders exposure is greater than 80% of the purchase price or appraised value, whichever is less.