What documents do you need to get pre approved?
If you are a wage earner
2 Most recent Pay Stubs, Bank Statements, and W2s
Most recent Tax Returns
If you are self-employed or some part of your income/loss comes from a business you own:
2 Most recent tax returns (Personal and Company)
Use the equity you've establish
A cash-out refinance allows you to tap into the equity you have built up in your home. And, if you are currently paying for mortgage insurance and your loan-to-value has decreased, you may qualify for a loan without mortgage insurance.
A pre-approval is a process where a lender reviews your income, employment, credit and assets. After reviewing the credit qualifications, the lender will issue a pre-approval letter mentioning how much home loan you might qualify for.