Resource Guide

Getting Pre-Approved for a Mortgage

Pre-approval is your first step toward homeownership. As a licensed mortgage loan originator, Dave can guide you through every product on the market and get you approved fast.

What is Mortgage Pre-Approval?

Pre-approval is a lender's formal statement that they are willing to lend you up to a specific amount, based on verified review of your financial profile. It's different from pre-qualification — a pre-approval carries real weight with Bay Area sellers.

  • Demonstrates to sellers you are a serious, qualified buyer
  • Provides a realistic budget so you focus on the right homes
  • Gives you negotiating power in competitive offer situations
  • Required by virtually all Bay Area sellers before reviewing offers
  • Valid for 30–90 days (refresh if nearing expiration)

Documents You'll Need

Income Documents
  • Last 2 months of pay stubs
  • Last 2 years of W-2s or 1099s
  • Last 2 years of tax returns
  • Self-employed: P&L statement + business returns
Asset Documents
  • Last 2 months of bank statements
  • Investment/retirement accounts
  • Gift letters (if applicable)
  • Any additional asset documentation

The Pre-Approval Process

1
Initial Consultation with Dave
Dave reviews your financial situation and explains which loan products best fit your goals and budget.
2
Submit Application & Documents
Complete a standard mortgage application and upload your documentation securely.
3
Credit Review
Lender pulls your credit report. Multiple inquiries within 45 days count as one, so shop confidently.
4
Underwriting Assessment
Underwriter verifies income, assets, and employment. Dave monitors progress and handles any questions.
5
Receive Pre-Approval Letter
Typically within 24–72 hours, you receive a pre-approval letter — your competitive edge in the market.

Loan Programs Available

Conventional
As low as 3% down. Best for buyers with strong credit.
FHA Loan
3.5% down. Lower credit requirements. Great for first-time buyers.
VA Loan
0% down for veterans and active military. No PMI.
Jumbo Loan
For Bay Area luxury purchases above conforming limits.
USDA Loan
0% down for eligible rural areas around the Bay.
Down Payment Assistance
State and local programs to help bridge the down payment gap.
Start Pre-Approval Now

Dave is a licensed loan originator — apply online and get approved fast. No obligation.

Apply Online
Price Your Loan

See today's rates and what your monthly payment would look like.

View Rates
Credit Tips
  • Pay down credit card balances
  • Don't open new credit accounts
  • Avoid large purchases before closing
  • Keep employment stable during process