Home Loans & Mortgages
Calculators

The process typically starts with pre-approval, which can take just 1–2 days if you have your financial documents ready. Once your offer on a property is accepted and the full application is submitted, your file goes into underwriting. This is when the lender reviews your income, credit, assets, and other details. Underwriting can take a few days to a week and may involve follow-up questions or requests for clarification.

At Loankea, we do everything we can to keep the process smooth and fast — often closing loans in 30 days or less.

Yes. As a modern mortgage provider, we utilize a fully digital platform that allows you to complete the entire mortgage application process online, regardless of your physical location. We work with clients nationwide (and sometimes internationally, for Foreign National programs) and can process your application seamlessly from initial pre-approval to final closing remotely.

Before applying, you should prepare standard documents to verify your income, assets, and credit history. Key documents typically include: W-2 forms and tax returns (from the past two years), pay stubs (last 30 days), bank and investment account statements (last 60 days), and government-issued Photo ID. For self-employed borrowers, Bank Statements or Profit & Loss statements may be required instead of W-2s.

Yes, we specialize in offering solutions for clients without traditional W-2 income. We offer various non-Qualified Mortgage (Non-QM) programs tailored for self-employed individuals and investors, including Bank Statement Loans, Profit & Loss (P&L) Loans, Asset-Based Loans, and DSCR Loans, which utilize alternative methods to verify income and repayment ability.