Home Loans in Texas:
Built for You & Your Future

We know buying or refinancing a home can be a stressful time. Thankfully, understanding the process can make it easier. Here’s what to expect when working with CSB:

1. Initial consult: Our team always starts with a personal conversation so that we can understand your goals.
2. Apply & submit documents: Fill out your application online and provide us with the necessary financial documents.
3. Prescreen check: We’ll review key factors like your credit score, loan-to-value (LTV), and debt-to-income (DTI) ratios.
4. Underwriting: Our local underwriting team verifies your paperwork and ensures all requirements are met.
5. Clear-to-close: During this phase, final approvals are in place, and you can schedule your closing date.
6. Closing day: Sign the papers and celebrate your new home loan.

To keep your loan application moving smoothly, it’s helpful to have these documents on hand so that we can verify your income and credit history.

All borrowers should expect to provide:

• W-2s from the past two years
• Pay stubs from the last 60 days
• Bank statements from the last 60 days
• Statements for any other income (dividends, stock earnings, bonuses, pensions)
• Social security or disability income documents
• Retirement or trading account statements
• Proof of homeowner’s insurance
• Driver’s license
• Existing property survey (if available)

For self-employed borrowers:

• 1099s for contract work
• Year-to-date (YTD) profit & loss statement (signed & dated)
• Business bank statements from the last 90 days
• Personal & business tax returns from the last two years; if last year’s tax return isn’t filed yet, a full-year profit & loss statement is required

Not sure if a document applies to you or don’t have a specific document? Don’t worry, our team will be there to guide you through. Additional information may be requested as needed.

The loan-to-value (LTV) ratio compares the loan amount to the property’s appraised value, expressed as a percentage. A lower LTV can mean better loan terms because it may imply a lower risk to the lender. In general, the less you borrow relative to your home’s value, the better your chances of securing a favorable interest rate.

Debt-to-income (DTI) ratio measures the percentage of monthly income that goes toward paying debts. Lenders use it to gauge a borrower’s ability to handle a mortgage payment. A lower DTI often indicates better loan eligibility.