N.E.O. Home Loans - A Must Have Refinance Checklist

Your First Step Towards Refinancing

Are you currently thinking about refinancing but not sure where to start? The first step you need to take is to find out if refinancing is beneficial for you at this time. You have three options on how to do this:

Call me directly at (440) 339-3099 and I can take your information over the phone.

Filling out my contact form and I will contact you back as soon as possible.

You can give me all your information by filling out my online application.

Once You're Ready to Move Forward

To get the process started you will need to fill out an application for the loan. If you had previously filled out my qualifying form on the web you are one step ahead of the game. The next step will be providing the required documentation for me to approve the loan. The documentation can differ depending on the program that you are refinancing into and your personal financial situation. Once the process has begun your mortgage professional will let you know exactly what documents you will need to provide.

The following list contains the most commonly asked for documents that you will need to provide. Even though you may not need to provide everything in the list, it's a good idea to get it all together to insure a quick and easy process.

Proof of income: Typically, this will be your most current pay stubs for the last 30 days.

Copies of your W-2 Forms: This will be required for almost every applicant to help verify past employment and income history for the previous 2 years.

Copies of your asset information: This includes any accounts that are holding money for closing costs, statements for checking, savings and 401K accounts, and any investment records for mutual funds or stocks. You will need to provide your most current two months worth of statements.

Copy of your homeowners insurance policy: This lets me know that you current and sufficient coverage on your home.

Once you have gone through the application process your mortgage professional will tell you exactly what documents you will need to be approved. Choose one of the three ways to contact me and find out if today is the right time for you to refinance.