Proof of FundsWhat you’ll need for loan pre-approval:
- Tax Returns and W2s (2 years)
- Paystubs (1 month)
- Source of funds for down payment and closing costs
Large PurchasesConsult with your loan officer before making any large purchases or obtaining any additional loans during the pre-approval process and until the home transaction has closed. This can change your loan parameters or even affect your ability to obtain a loan.
Employment StatusIf you plan to retire or become unemployed during your home purchase, notify your lender as soon as possible. This could impact financing.
Preferred LendersThe Santa Barbara housing market is fairly competitive. To give your home offer the best possible chance of being accepted, it is highly recommended you work with a Santa Barbara based lender. Below is a list of preferred Santa Barbara based lenders:
NMLS# 517060 | State Licensing CA DBO 517060
1332 Anacapa Street, Suite 110, Santa Barbara, CA 93101
Mark Johnson | Mark.Johnson@BroadviewMortgage.com
1826 State Street, Santa Barbara, CA 93101
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