1. If you are salaried: provide two years W-2 and one month of most recent paystubs OR if you are self-employed: provide two years tax returns and a YTD profit and loss statement.
2. If you own rental property, please provide rental agreements and two years tax returns.
3. If you wish to speed up the approval process, please also provide three months bank statements for each bank, stock and mutual fund account.
4. Provide recent copies of any stock brokerage or IRA/401K accounts that you may have.
5. If you are requesting a cash out refinance please provide a letter explaining what you plan to do with the proceeds. Provide a copy of divorce decree if applicable.
6. If you are NOT a US citizen, provide us with a copy of your green card (front & back), or if you are NOT a permanent resident provide us with your H-1 or L-1 visa.

When buying a house, you may get pre-qualified or pre-approved. You can typically get pre-qualified over the phone or on the Internet in a few minutes. A pre-qualification is not as beneficial as a pre-approval where you have to go through a more rigorous process which includes verification of your credit, income, assets and liabilities. It is highly recommended that you get pre-approved before you start looking for a house. This will help you:

1. Find out the maximum house you can buy, so you don't waste time looking for properties you can not afford.
2. Puts you in a stronger position when you are negotiating with the seller, because the seller knows that your loan is already approved.
3. Helps you close quickly, since your loan is already approved.
4. In order to be preapproved with Global Equity Lending, Inc. you must submit a full application.

You will need to:

1. Think about how long you plan to keep the loan. If you plan to sell the house in a few years you may want to consider an adjustable or balloon loan. On the other hand, if you plan to keep the house for a longer time, you may want to look at fixed loans.
2. Understand the relationship between rates and points. Points are considered to be prepaid interest and are tax deductible. Each point is equal to one percent of the loan. So for example 1 point on a $150,000 loan is $1,500. The more points you pay, the lower the rate you will get.
3. Compare different programs. Shopping for a loan can be difficult. With so many programs to choose from, each of which has different rates, points and fees, it's hard to figure out which program is best for you. Review the concepts in the Harness The Power of Your Mortgage presentation with your mortgage specialist.

1. Credit history
2. Employment history
3. Assets including your bank accounts, stocks, mutual fund and retirement accounts
4. Property value

1. Fill out the loan application completely.
2. Respond promptly to any requests for additional documents. This is especially critical if your rate is locked or if you plan to close by a certain date.
3. Do not make any major purchases. Do not buy a car, furniture or another house till your loan is closed. Anything that causes your debts to increase might have an adverse affect on your current application.
4. Do not move money into your bank accounts unless it can be traced. If you are receiving money from friends, family or other relatives, please contact us.
5. Do not go out of town around the closing date. If you do plan to be out of town when your loan is expected to close, you may sign a power of attorney, to authorize another individual to sign on your behalf.

1. Bring a cashiers check for your down payment and closing costs if required. Personal checks are normally not accepted.
2. Review the final loan documents. Make sure that the interest rate and loan terms are what you were promised. Also, verify that the name and address on the loan documents are accurate.
3. Sign the loan documents.

All loans are subject to approval. Certain restrictions apply. This document is not intended as an offer to extend credit, a commitment to lend, or an offer to enter into an interest rate lock-in agreement. The loan interest rates, fees and terms presented are for illustrative purposes only and may not be currently available as rates are subject to change and availability. All loan products are not available in all states. This document has been prepared to assist loan originators in illustrating some of the financing options available to consumers. Mortgage loans are originated by Global Equity Lending, Inc., 6465 East Johns Crossing, Johns Creek, GA 30097, which currently conducts business in the states listed below. Applications may be pending in additional states. For more information on interest-only and payment option mortgage loans, please see Global Equity Lending’s Information about Adjustable Rate Mortgage, Interest-Only Mortgage, and Payment Option Mortgage Loans located at www.globalequitylending.com and ask for details.

Alabama; Alaska; Arizona Global Equity Lending, Inc. Mortgage Banker License #BK-0905354; Arkansas; California Licensed by the Department of Corporations under the California Residential Mortgage Lending Act; Colorado Consumer Credit Code Licensee Number 097213; Connecticut If we are acting as the broker, BROKER ONLY, NOT A LENDER.; Delaware; District of Columbia; Florida; Georgia Global Equity Lending, Inc., 6465 East Johns Crossing, Johns Creek, GA 30097 Georgia Residential Mortgage Licensee Number 11933; Hawaii Global Equity Lending, Inc., 1100 Alakea Street PH-1, Honolulu, HI 96813; Idaho; Illinois Residential Mortgage Licensee No. MB.0004754, 6465 East Johns Crossing, Johns Creek, GA 30097; Indiana; Iowa; Kansas; Kentucky; Louisiana Residential Mortgage Lender; Maine; Maryland; Massachusetts Mortgage Lender and Mortgage Broker Licensee Number MC3030-If we are acting as the broker, we arrange but do not make loans.; Michigan; Minnesota; Mississippi Mississippi Registered Mortgage Company, 6465 East Johns Crossing, Johns Creek, GA 30097. Licensed by the Mississippi Department of Banking and Consumer Finance; Missouri Freddie Mac Exempt - Global Equity Lending, Inc., 6465 East Johns Crossing, Johns Creek, GA 30097; Montana Mortgage Broker License No. 000496, Global Equity Lending, Inc., 6465 East Johns Crossing, Johns Creek, GA 30097; Nebraska; Nevada Global Equity Lending, Inc., 1880 East Warm Springs Road, Ste. 115, Las Vegas, NV 89119 Phone: (702)697-0880. 3100 Mill Street, Ste. 212, Reno, NV 89502 Phone: (775)322-7377. We originate residential mortgage loans, acting as either the mortgage broker or lender.; New Jersey Licensed by the New Jersey Department of Banking and Insurance. Global Equity Lending, Inc., 993 Lenox Dr., Ste. 200, Bldg. 200, Lawrenceville, NJ 08648. Phone: (609)844-7639. If we are acting as the mortgage broker, we will not make any mortgage loan commitments or fund any mortgage loans since we arrange loans with third party providers. Percentage of down payment required may vary, a higher interest rate or points may be required, and restrictions may apply as to the maximum principal amount of the loan offered.; New Hampshire Global Equity Lending, Inc. doing business as GEL Lending, Licensed by New Hampshire Banking Department, Mortgage Banker License No. 5483-MB; New Mexico; North Carolina; North Dakota; Ohio Global Equity Lending, Inc., 2720 Airport Drive-Suite 155, Columbus, OH 43219, Registration No. MB.803229.001-BR; Oklahoma; Oregon; Pennsylvania Licensed by the Department of Banking; Rhode Island Licensed Lender and Licensed Broker; South Carolina; South Dakota; Tennessee; Texas Registered Mortgage Banker #46737, Texas Regulated Loan License #9763-44863, Global Equity Lending, Inc. 6465 East Johns Crossing, Johns Creek, GA 30097 Phone: (770)613-2750; Utah; Vermont; Virginia Global Equity Lending, Inc. Licensed by the “Virginia State Corporation Commission.” License #MLB-852. Please note that refinancing an existing loan may result in total finance charges being higher over the life of the loan. Stated interest rates may change or may not be available at the time of loan commitment or lock-in.; Washington Global Equity Lending, Inc. Consumer Loan Licensee; West Virginia; Wisconsin; Wyoming.

The Federal Communications Commission (FCC) and the Federal Trade Commission (FTC) have established rules regarding telephone solicitation (cold calling) of customers and a Federal “Do Not Call” registry. Global Equity Lending, Inc. and its affiliated companies support these rules and attempt to insure compliance with them. Questions regarding these rules should be directed to the GEL Home Office, Attn: Compliance.

03/10/08