Mortgage Loan Applications Made Simple
Buying a home should be an exciting, not overwhelming, experience. That’s why we’ve made our application process clear, secure, and easy to follow. With just about 15 minutes, you can complete your mortgage application and get on the fast track to pre-approval.
>> Why Get Pre-Approved First?
Before you start your home search, getting pre-approved gives you confidence and a competitive edge. During pre-approval, we’ll review your income, assets, and liabilities to confirm what you qualify for, so you can shop for homes with clarity.
Once you complete your application, you’ll be able to:
- View your loan progress from your personal dashboard
- Securely upload your documents
- Communicate with your loan team and track status in real time
- Access built-in mortgage calculators on any device
You can also download our mobile app for Apple or Android to manage your loan on the go.
For informational purposes only. Not a commitment to lend.
> Documents You'll Need
Having your documents ready speeds up the process and helps us provide the best options for your loan. Here’s what you’ll want to gather:
For All Borrowers
- W-2s from the past 2 years
- Pay stubs covering the last 30 days
- Bank statements for the last 3 months (all pages)
- Statements for retirement, investment, and savings accounts (quarterly or semi-annual)
- Employment and residency history for the past 2 years
- Copy of your executed purchase contract (when available)
- Canceled earnest money check or bank statement showing payment
- Government-issued photo ID
- Documentation for any assets used for down payment or reserves
If applicable:
- Commission/bonus income (tax returns required if more than 25% of income)
- Refinances: Note, Deed of Trust, Settlement Statement, Survey, Insurance info
- Recently paid-off mortgages: HUD-1 from closing
For Self-Employed Borrowers
- 2 years of personal tax returns (all schedules)
- Year-to-date profit & loss statement and balance sheet
- Business tax returns (if you own 25% or more)
- Copies of 1099s and/or W-2s
Documents That May Be Required
- Divorce decree or child support documentation
- Bankruptcy petition, discharge, and schedules
- Relocation agreement (if provided by employer)
- Social Security or retirement income documentation
- 1031 Exchange paperwork
- Lease agreements and property information for rental properties
> Sending your documentation
At Luminate Bank, your security comes first. That’s why we’ve built a personal, secure dashboard just for you. From there, you can upload and share documents safely,no need to worry about email risks or third-party file-sharing tools.
Once your application is submitted, your dashboard is activated and ready for use.
> Avoid common pitfalls
We’ll guide you every step of the way, but here are some do’s and don’ts to keep your loan on track:
Do:
- Keep your financial records organized and available
- Save pay stubs and bank statements
- Communicate openly with your loan officer about any changes
Don’t:
- Apply for new credit cards or loans
- Switch jobs in the middle of the process
- Make large, undocumented deposits
- Pay off collections or charge-offs without checking with us first
The key to a smooth approval? Keep your financial picture stable until your loan closes. Even small changes can raise red flags, so when in doubt, reach out. We’re here to make sure you feel confident all the way to closing.
