• What do I need to apply?

  Do the 5 steps in 15 minutes, or break it up and pick up where you left off later. All information transferred is encrypted end-to-end and none of your credentials are stored or accessible to anyone. To enjoy the smoothest, fastest experience, this is what you’ll need at each step: Step 1 — Create profile: Nothing. Step 2 — Down payment: Login details or current balances for: Bank, savings or checking accounts. Plus any other asset or retirement accounts. Step 3 — What youFeatured

• How much down payment do I need?

  It depends on the type of loan and the purchase price of your home. For conventional loans, check out this resource and this resource. For DSCR, you'll need a minimum of 20% down but that also depends on your particular scenario.Featured

• Can I use Beeline if I'm self-employed?

  Yea! We accept self employment income for conventional loans, and also have programs for some of the more outside-of-the-box self-employed income scenarios. Our Loan Guides are well versed in this stuff and will be able to help you find the right loan program for your specific income situation.Featured

• What is a Beeline Profile?

  Your Beeline Profile is where all of your information lives. The beauty of having your Beeline profile is that if you ever want to refinance, get another loan with us or just pick it up again in a few months, all you need to do is refresh it. Sure beats starting from scratch! We also have a cool feature that your Loan Guide can use so you don't have to do any re-typing of information you've already provided us.Featured

• I don't know how much I can afford, can I still get a Purchase-Ready Approval?

  If you're not sure how much you can borrow, just complete the 5 step application to get a result. Then if you’re not quite feeling it, call to talk to a Loan Guide! There may be options they can walk through with you.Featured

• Can I use Beeline if I’m applying with someone else?

  Of course. It’s common to buy with a co-buyer. In Step 1, when you create your profile, you can add them — they’ll receive an email letting them know they’re on the application. Exciting times!Featured

• Will Beeline be sharing or selling my personal information?

  When it comes to your sensitive information, we’re not messing around. We don’t sell your data or use it for any purpose other than approving and closing your loan. To complete key milestones like appraisal and closing, we will share relevant details with parties concerned. For more information on how we secure your personal data, click hereFeatured

• Do I have to apply in one session or can I stop and pick up where I left off later?

  You can apply all at once or break it up into a few sessions — it’s up to you. Your Beeline profile saves your progress. Even if you want to explore your outcome or maybe you’re not ready to buy or refi yet, you can complete the 5 steps, wait a few months until things fall into place, then refresh your profile when you’re ready to go.Featured

• Do I have to talk to someone or can I fly solo?

  The entire Beeline experience, from applying to closing, can be done without talking to a single person. So if you’re a ‘lone loan wolf’, feel free — but most things are more fun in good company. You’ll be paired with your dedicated Loan Guide who navigates you all the way to closing day. They’re right by your side, directly contactable anytime you need them. So no retelling your story over and over after waiting on hold to some call centre. Use them as little or as much as you like.Featured

• Where can I sign in to my Beeline profile?

  On our site, just click the menu in the top right of the page to sign in or use this link here!Featured

• Can I get a purchase or refi-ready approval even if I'm not sure I'm ready to proceed?

  It's entirely up to you when you apply but there are a number of benefits to applying even if you can't move forward for several months. It's a good way to get an idea of what you might be eligible for and identify any financial or credit issues. We also offer a rate lock of 30,45 or 60 days depending on which option you choose. And if you do get a Purchase-Ready Approval, it can give you the upper hand when house shopping. Whatever you decide, remember that your Beeline profile keeps all of yFeatured

• I get paid direct deposits with no pay stubs sent to me, what should I do?

  If you're paid by direct deposit, then there is a pay stub issued somewhere by your employer. It’s probably a feature provided by your payroll processor you haven’t accessed yet. So it's probably best to check with your employer.Some readers

• What is ‘debt-to-income ratio’?

  Your debt-to-income ratio (DTI) is all your monthly debt payments divided by your gross monthly income. This number is one way lenders measure your ability to manage the monthly payments to repay the money you plan to borrow. Debts such as housing expenses (mortgage, taxes, insurance, HOA, rent), credit card payments, loan payments or any revolving monthly debt that would show up on a credit report are factored into this calculation. Household utilities are not included. If you're financing anSome readers

• What is my Beeline Tracker?

  Your Beeline Tracker is your portal to find information and progress on your loan. Once you complete your application and receive your ready-approval, you will be able to view and lock your rate, access your pre-approval letter, upload docs and keep in touch with your LG and processor all the way through closing! You'll see requests for anything we need from you to get your loan closed and message you with any questions we have. You can upload documents directly to the Tracker too! After closinFew readers

• What do I need to verify my income?

  The documents required for proof of income vary depending on the type of loan you are getting and how you make your income. If you are trying to get a loan based on your personal income and are not self-employed, we will need your most recent paystubs and W-2s from the last two years. If you are self-employed, we may need tax returns or if you are looking at a bank statement loans, bank statements instead of tax returns. If you're getting a DSCR loan you won't need to do any personal income veFew readers

• Where do I find my tax, HOI, HOA and MI monthly payments?

  Your mortgage statement will give you a breakdown of taxes, insurance and mortgage insurance if you have it. You won’t see your HOA on this statement — your HOA contact can provide this amount — usually by logging into your association website if you have one.Few readers

• Why do you need to know the home loan balance and payment for my other property?

  We ask this information to help us to figure out your debt-to-income ratio. This information is important to confirm that our loan is affordable for you.Few readers

• My income is all commission, what should I do?

  In the income section of the application, select your income as "Commission". This will be seen by your Loan Guide who will let you know what we need to qualify you.Few readers

• Why might I be denied?

  Though we always do our best to get you a loan and have many options to explore, there are several reasons why you might be denied and sometimes the timing just isn’t right. People may not qualify due to their income amount, asset amount, credit history or job history. We’ll let you know right away if we can’t get you approved and give you some guidance on what needs to happen to get you there in the future.Few readers

• What’s Plaid?

  Plaid is a behind the scenes service provider linking people to over 11,000 banks and financial institutions — the most popular is Venmo and services like them. Plaid links companies like Beeline to your financial institution using bank-level encryption. Plaid’s system only allows for viewing your information with no access to your accounts. If you don't want to link to Plaid, you can upload bank statements as well - just select the manual upload option on the screen when you are at that step.Few readers

• When I enter payroll login info your system won’t accept it, how do I proceed?

  If you have a provider that doesn’t allow online access then you can easily just do it manually — here's a list of what you'll need.Few readers

• Why do you need all the pages of my bank statement?

  We ask for all pages to confirm we're providing a full review. If your statement shows ‘7 pages’ and we get 6, our auditors question what was on the missing page.Few readers

• What’s a purchase and sales agreement?

  A purchase and sale agreement is a document that is typically drawn up by an attorney or real estate agent once a buyer and seller mutually agree on the price and terms of a real estate transaction. This document is signed by both the buyer and seller, and includes details such as the earnest money deposit, closing dates, and any contingencies both parties have agreed to.Few readers

• Do I need a down payment to get a loan?

  Yes, a down payment is required and the amount depends on property use and type. Reach out to us and one of our Loan Guides will be able to provide you an answer for your specific property/situation.Few readers

• I don’t have a 2-year work history, what do I do?

  We need to know what you did in the last two years from a work perspective (without gaps in time). So if you were unemployed or a student for a period of time, say "Not Employed" and the period of time. Make sure all dates link together so there are no gaps in time to create the picture of the last two years of your work history.Few readers

• How do I know when I’m approved?

  Once you provide requested documents, they will be reviewed by a processor and then submitted to underwriting. If everything looks good in that review, your file is conditionally approved. At this stage, the underwriter may need additional documents or information from you and that will be in your Tracker for you to see (and your Processor will walk you through what is needed). Your Processor will keep you looped in and your Beeline Tracker will also show what has been done and what is pendinFew readers

• If I had a bankruptcy, will I be able to qualify?

  Timing from your discharge date is important. If it was discharged more than 7 years ago, you should be in the clear for all products and programs that we offer. Inside of that 7-year window, you very well may still qualify depending on the time frame, bankruptcy type and the program you are applying for. We have Loan Guides available to dive in and get you an answer on your specific scenario today - give us a call!Few readers

• What should I do if I live rent-free?

  Put “0” in the rent field. We’ll ask for a letter from the homeowner to confirm you are rent-free, but we take care of that later in the process.Few readers

• What if I can't afford the appraisal?

  If you can't afford your appraisal, it's probably best to get in touch directly with your Loan Guide asap.Few readers

• How do I know if I have a ‘clean energy lien’?

  Does your home have solar panels? If not, you probably don’t have a clean energy lien. We’ll do a title search on your property to make sure we take into account all liens and will give you an update. If you aren't sure, give us a call and a Loan Guide can help!Few readers

• Why do you need to verify my income?

  We need to verify your income so that we can calculate your debt-to-income ratio and your ability to pay — we don’t ever want to put you in a position where your payments get too much for you.Few readers

• How do you secure my personal data?

  We're committed to safeguarding your personal data So, whenever you provide such information, we'll only ever use it in line with the laws concerning the protection of personal information. We've worked hard on our Privacy Policy to make sure it's clear, transparent and at the leading-edge of privacy guidelines in our industry. You can read the full Privacy Policy hereFew readers

• Is it ok to apply for credit elsewhere during this process?

  You can, but it’s definitely not recommended. Applying for new credit could negatively impact your credit score and actually getting new credit or a loan could impact your debt-to-income ratio and disqualify you for the loan. We do monitor for these changes until the loan is closed. So it’s probably best to wait until after your loan is closed to apply for new credit.Few readers

• Where do I enter shift differential, detail pay, overnight pay etc.?

  You can enter shift differential. overnight pay and other detail into the area that asks for an income breakdown. If you don’t see your area of income then forward the details to our Loan Guides and we’ll enter it for you — just use the live chat feature from our application to contact us.Few readers

• I don’t know the price range I’m searching for, how do I know how much I can afford?

  Just enter the purchase price of a home you're looking at and as soon as you’re purchase-ready we’ll let you know how much house you can buy. We can tell you if a payment is affordable based on lending guidelines, but the ultimate decision of affordability is up to you.Few readers

• My business returns show a loss, can I still get a loan with Beeline?

  Please complete the application and submit your income info for review. There are many deductions for a business that can be excluded in our income calculation. If you can't qualify for a conventional loan, there may be other great options, like bank statement loans that are made for your situation that could work! Your Loan Guide can talk through all the possibilities based on your situation.Few readers

• What is a ‘judgment’ and how do I know if I have any outstanding ones?

  A judgment is a lien filed against someone if the courts decide they owe someone money and haven’t paid. We run a search as part of your credit and if anything pops up, we’ll let you know.Few readers

• I don't get pay stubs for my job, they pay me in cash, can I use that?

  You can only use that cash if it’s taxed and documented with the IRS.Few readers

• I'm paid by check. How should I proceed?

  If you're paid by check, please provide the name and phone number of your employer and we can send them a form to fill out for all the information we’ll need. It’s a slower process but will accomplish the same goal.Few readers

• What's earnest money?

  Earnest money, or a good faith deposit are the funds you put down to demonstrate your seriousness in buying a home as part of your purchase agreement. The amount you put down can vary and is something you can discuss with your realtor. Typically, if you don’t end up purchasing the home and opt out prior to your commitment date, you are refunded these funds.Few readers

• What’s a ‘lien’?

  A lien is a claim or legal right against assets that are typically used as collateral to satisfy a debt. A lien could be established by a creditor or a legal judgment. A lien guarantees an underlying obligation, such as the repayment of a loan.Few readers

• How do I know what type of property I have?

  There are a bunch of different property types so here’s a quick guide on how to define yours. A ‘single-family’ is a stand-alone house (no shared spaces with other families). A ‘single-family home with neighborhood association’ is if you live in a single-family home and pay neighborhood dues or homeowner’s association dues. A ‘multi-family’ is a single building that accommodates more than one family living separately (for ex. a duplex). A ‘condo’ is a building with separate units that are inFew readers

• Do I have to add all of my properties?

  It's best if you add all your properties when you're applying. To get the best understanding of your financial profile, we review all the payments you’re responsible for — that way, we can make you a solid and affordable offer.Few readers

• Can I change my down payment later? If so what happens?

  Yes, you can change your down payment, but it's best to have that conversation as quickly as you can once you know about the change. The earlier in the process, the better. It can impact the documents you sign for the loan so call your Loan Guide asap!Few readers

• Can you approve your loans in-house?

  Yes, we can approve loans in-house. We have a few paths here at Beeline. Some loans are processed, underwritten, closed and funded in-house. To be able to offer our wide variety of loan programs, we also act as a broker for certain loans. In these cases, we will still be your point of contact and you have Tracker access but another lender may approve the loan.Few readers

• What's a seller concession?

  Sometimes the seller agrees to pay a portion of the closing costs as an incentive to buy the home. Ask your realtor if the seller is offering any concessions.Few readers

• Why do you need my employer's contact information?

  We need your employer's contact info so we can get in touch with them to verify your employment.Few readers

• I work part-time at my job, can I still apply?

  Sure! Part-timers just need to show a 2-year job history.Few readers

• Is it ok to apply for a home loan elsewhere during this process? How will that affect my chances of getting approved?

  Sure, the credit system allows you to shop for the best loan option. It won’t affect your chances of getting approved with us, but we may ask for an explanation from you for the inquiry on your credit profile.Few readers

• Why do you need to know how long I have lived at my current residence?

  We ask how long you've lived at your current residence because the loan guidelines we work with always request a 2-year history to help us determine any past home ownership.Few readers

• Why do you need to see my other property?

  We need the other property information to help calculate your debt-to-income ratio. Plus we ask that info in case you're selling the home and using the proceeds for a new purchase or if you're renting the other home and need to show the income to qualify.Few readers

• How much are the taxes on the home I’m interested in?

  We won’t know the exact taxes on your property until we contact the tax assessor, but your realtor should be able to give you a pretty good estimate. If you’re looking for homes online, there should be an estimate for annual taxes on the listing. To figure out the monthly amount that would be added to your home loan payment, simply divide the annual amount by 12.Few readers

• Are there any fees if I don't move forward after completing the application?

  No, there is no penalty/fee for cancelling. If you already paid for your appraisal, that would be the only out-of-pocket cost prior to closing.Few readers

• Do you have Spanish speaking Loan Guides?

  We don't have any Spanish speaking Loan Guides at the moment — but you’re more than welcome to have a bilingual friend help you out.Few readers

• Can you mail me an application to complete?

  We can’t actually mail you an application but we can talk you through your application over the phone.Few readers

• I'm part-owner of a company but I don't get corporate tax returns, what do I do?

  If you own less than 25% of a company, we don't need the tax returns. We only request the K-1 form the business sends you showing income/loss and ownership percentage.Few readers

• How do I verify alimony support?

  We’ll need your divorce decree, support order and proof of twelve months of receipt. We verify the receipt with cancelled checks or bank statements, your Loan Guide will help with this.Few readers

• Do I have to include my taxes and insurance in my payment?

  You may be required to include your taxes and insurance in your loan payment, depending on the loan you choose. Your Loan Guide can give you all the details for your specific loan.Few readers

• How much faster is Beeline compared to other lenders?

  Applying with Beeline is done in 5 steps in about 15 minutes - all online. Do it at once or break it up over a couple of sessions — everything is saved. You’ll then have a reliable Purchase or Refi-Ready Approval with rates and all, so it’s time well spent. We find that we consistently beat the average 45 days to close a loan but all situations are different. If your situation is pretty straightforward with a conventional loan, we can close those in about 2 weeks. If your situation is a bitFew readers