Refinancing a home is often a smart financial decision, but it can be confusing and scary if you aren’t familiar with the ins and outs of the process. The experienced mortgage professionals at Cornerstone Home Lending are ready to guide you through each step of the process, saving you time and money!


Contact us to review your credit report and learn what your home refinance options are.

            Your Tasks
Contact us by phone or fill out our online prequalification form.

            Our Tasks
Help you understand your options

Review your credit report with you

Set expectations for the home loan process

Application, & Processing

Once you have decided to refinance, it is time to get the ball rolling on the application process!

            Your Tasks
Sign an application package

Give us an executed copy of the purchase contract

Provide the names of your preferred third party services (Title, Attorney, and Homeowner’s Insurance)

Lock in your interest rate when you are ready

Gather and submit the required identification, income, asset, and other important documentation for review

1. Copy of government-issued photo ID (front and back)
If you are not a US citizen: Copy of your green card (front and back)

1. Most recent consecutive pay stub(s) covering the last 30 days
2. Past two years W-2s and/or 1099s
3. Past two years completed and signed federal tax returns, including all schedules
If you are self-employed: Most recent two years business licenses or a letter from your CPA stating the name of the business and the number of years you have been self-employed
If you receive Social Security, Disability, Pension, Annuity, or Other Income: Award letter and bank statements evidencing receipt of funds
If you receive rental income: Lease agreement(s) and/or Schedule E of your most recent federal tax return
If you are starting or recently started a new job: Offer letter from employer showing terms of employment
If applicable alimony, child support, and/or separate maintenance: Signed copy of Divorce Decree, Child Support Agreement, and/or Separation Agreement

1. Most recent two months bank statements, all pages included (i.e. 6 of 6)
2. Evidence of the source of any funds used for down payment (ex: 401K, IRA, HUD-1 from sale of property)
3. Statements for any accounts being used for reserve assets (ex: 401K, IRA, other retirement funds)
If gift funds are being given: Signed gift letter from donor and evidence of receipt of funds
If you own other real estate: Current mortgage statements for any property owned, including tax and insurance information

1. An executed copy of the purchase contract
2. Evidence that the Earnest Money and Due Diligence deposits have been paid
If divorced or separated: Signed copy of Divorce Decree and/or Separation Agreement and Signed copy of Child Support Agreement, if applicable
If living rent-free: Signed letter from current residence property owner stating that you live at that residence rent-free

            Our Tasks
Send you an application package

Order third party services (Title, Appraisal, Insurance, etc.)

Provide status updates

Preliminary Underwriting Review

Once our processing and underwriting staff has reviewed your initial documentation, they will issue a preliminary Review and ask questions and look for additional documentation needed to complete your file and get it ready for closing.

            Your Tasks
Submit additional documentation as requested

            Our Tasks
Review appraisal

Finish gathering third party services and documentation

Provide a final decision

Final Underwriting Review & Closing

Congratulations! You have been approved and are ready to review your final documents and head to the closing table.

            Your Tasks
Review your Closing Disclosure

Review and sign closing documents

Pay closing costs

            Our Tasks
Prepare documents

Review your Closing Disclosure with you

Coordinate closing details with your chosen attorney

Set expectations for the day of closing


Prequalify Now

Take your first step towards buying a new home. Know how much house you can afford.