Get preapproved: Here’s what you’ll need.
Before you start looking for your home, we can provide you with loan preapproval. In a competitive housing market, sellers tend to give preapproved buyers first consideration.
You’ll need:
- Total monthly income, before and after taxes
- Available down payment amount
- House payment that fits your budget
You’re preapproved. You’ve found your dream home. Now what?
For a home purchase, you can help speed up the loan decision process by providing:
- Sales contract (fully executed, signed by all parties)
- Current pay stub(s) for most recent 30 days of pay
- W-2 forms from the previous two years
- Bank statement(s) for the past two months from the account(s) you’ll use for the down payment and closing costs
- Deposit for prepaid third-party charges (ask your Mortgage Banker)
- Personal federal income tax returns with all schedules for the past two years if you're self-employed, own 25% or more of a business or receive commission-based income.
When you’re ready, we’re ready.
Check today’s rates and start your application — all with a few clicks.
Check Today's Rates
Whether you're buying or
refinancing, see the current
rates from Commerce Bank
Mortgage.
Mortgage made simple.
Our goal is to make the mortgage loan process straightforward and easy to navigate. Whether you meet with a mortgage banker face-to-face, through chat or over the phone, we’re here to help every step of the way.
Contact a Mortgage Banker
Commerce Bank NMLS#411948
Disclosures:
Commerce Bank Mortgage supports the markets and communities within our geographic regions and reserves the right to limit the geographic area in which loans will be made. Commerce does not lend in Maryland.
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