Preapproval – McAdams Financial Services

Begin your home buying journey on solid ground with McAdams Financial, a trusted partner of realtors across California. Our mortgage pre-approval process doesn't just prepare you with an understanding of your purchasing power before you dive into the housing market; it also aligns you with a name known for reliability and trust in the community. This recognition can significantly strengthen your position when making an offer on a home.

Secure a mortgage pre-approval with us, and you'll find that navigating the real estate landscape becomes a smoother, more focused endeavor. Real estate professionals often advise securing pre-approval early on, ensuring you're looking at homes that match your budget. More importantly, a pre-approval from McAdams Financial serves as a robust endorsement of your financial readiness to potential sellers, giving your offer the weight it deserves in competitive situations.

Elevate your home buying experience and enhance the attractiveness of your offer with the support of McAdams Financial. Contact us to get started on your pre-approval today, or apply now to receive your pre-approval letter swiftly, backed by a name that realtors in Santa Barbara trust.

Documents Needed

- Copies of driver’s license(s), identification card(s), or passport(s) for all applicants.
- Two (2) years signed personal tax returns - including all schedules
- If Self-employed through a corporation or partnership, last two years corresponding returns as well as a year-to-date profit and loss statement and balance sheet
- Past two (2) years of W-2 statements
- Pay stubs covering the last 30 days
- Two most recent bank statements for all accounts — please provide all pages
- Most recent 401-k, IRA, or Mutual Fund Accounts and stock statements — please provide all pages.
- Restricted stock unit (RSU) award statements including vesting details
- If divorced — a fully completed divorce decree
- Copies of hazard insurance and tax bill for any real estate owned
- If currently renting, name and address of current landlord.

Different programs require differing amounts of documentation. The loan program you select may require more or less.