Home Loan Policies and Procedures


Privacy Policy

Under Federal Law we are required to provide you a copy of our Privacy Policy and Privacy Notice Receiving this Privacy Policy and Privacy Notice is a necessary step in obtaining the particular financial product or service that you are requesting If you continue to be our customer we will...

Loan Flow Chart / How to Start

1 Organize your documents Please use our Required Initial Documentation list located on the bottom of our Policy page to prepare your documents 2 Shop around for the best rate and term to fit your needs 3 Fill up our on-line secure application or call us to fill up the...

Condo Financing

Condominium financing requires more steps and documentation in comparison to single family residence The reason for this is because of the very nature of the condo itself where all involved parties own the property building and common areas In addition to the standard documentation and requirements the following additional documents...

Borrowers' Do's and Don'ts

Do's 1 Do be fully honest with your loan officer about your situation because if it's not what you say it is underwriting will find out and it's much better for your loan to fall part during initial discussions with the loan officer than to fall apart after you've spend...

Closing Cost / Good Faith Estimate

Brighten Lending knows that consumers are accustomed to receiving a good faith estimate in order to anticipate all of the costs they can expect to incur in connection with a purchase or refinance Effective January 1 2010 however federal law prohibits lenders from providing any consumer with a good faith...

Rate Lock Policy

Rate Lock Hours You must be eligible to request a lock per our written policy stated here in our website Lock requests will be accepted from the time we post rates on our website until 4 00 PM PST Monday through Friday excluding holidays No locks will be accepted on...

Required Initial Documentation

Please note We only need copy if original documents were provided we will make copy and over night back to you within 24 hours after we received General Document requirement 1 Drivers License or State ID 2 Most Current 2 pay stubs Need to cover last 30 days 3 Most...

California Mortgage Rates