Application Process
Your Partner in Processing Loans and Funding
If you need assistance in getting loans, Tony Sanchez, SunQuest Funding LLC in Cranford, New Jersey is here for you. I will assist you in going through the process in the most hassle-free way.
Loan Process
Organize Your Documents
When buying or refinancing a home, it is essential that you organize your documents properly. You need to provide two years W-2 and two months of pay stubs if you are salaried. If you are self-employed, provide two years of tax returns and a YTD profit and loss statement. Rental agreements and two years tax returns are required for those who own a rental property. Read More
If you wish to speed up the approval process, you will need to provide me with two months' bank statements for each bank, stock, and mutual fund account. Recent copies of any stock brokerage or IRA/401K accounts that you may have are also needed.
For those who are requesting a cash-out refinance, you will need to give a letter explaining what you plan to do with the proceeds. Provide a copy of the divorce decree if applicable. If you are not a US citizen, provide a copy of your green card (front and back). You will also need to bring your H-1 or L-1 visa if you are not a permanent resident.
Get Pre-Qualified
Getting qualified before you apply for a loan helps you understand how much you can borrow. When buying a property, you may get pre-qualified or pre-approved. This can be done over the phone or on the Internet in a few minutes. A pre-qualification is not as beneficial as a pre-approval where you have to go through a more rigorous process that includes verifying your credit, income, assets, and liabilities. Read More
I recommended that you get pre-approved before you start looking for a house. This will help find out the maximum house you can buy so you don't waste time looking for properties you can't afford. It will also put you in a stronger position when you are negotiating with the seller because they know that your loan is already approved. In addition, it helps you close quickly since your loan is already approved.
Loan Programs
I offer a wide variety of loan programs in which you can apply even if you have been turned down before. These include:
- FHA/203K/VA Government Loans
- Conventional
- Jumbo Loans
- Non-Conforming Condo
- Portfolio Loans
- Construction/Commercial
Get in Touch
Reach out to me today if you want to apply to my programs. I am more than happy to help you out with your financing needs.