Why would you need to finish your tax returns ?
2019 tax returns are not needed at this time.
For salaried workers 2018 & 2019 W2’s are needed + 2 recent pay stubs.
I can tell you from experience that some people who think they are God’s gift to a lender have a difficult time when they get turned down for a loan. It’s a humbling experience.
Nobody should assume anything about qualifying for a loan.
The guidelines can be ridiculous, and are rarely negotiable.
Underwriters are told what to do and MUST get an automated approval. They don’t make decisions,they follow instructions.
At the moment, subject to change, a $500,000 loan with at least 40% equity and a credit score of 700+, 30Yr Fixed is 2.95% with zero cost. Nothing hidden, nothing rolled in.
15yr is 2.62%
with 25% equity and a score of 740+ 30yr is 2.99% no costs.
Not everyone will qualify for this pricing.
Lower rates available with a cost
Lower loan amounts, less equity, cash out, having a HELOC etc is different pricing. The more equity you have the less a credit score matters
