Full Loan Submission
Is your loan ready for a complete loan submission?
Once GCMAC has expressed interest your loan you will be asked to submit a COMPLETE Real Estate Information Form and Credit Authorization Form (Note: GCMAC does NOT have a minimum credit score requirement, but
credit is pulled to view public records and other information.) with additional detailed information. This may be done by printing and faxing the form or completing it online. Just click on the appropriate link below:
Note: The Real Estate Information Form may be emailed back or
faxed, but due to privacy laws, the credit authorization form must be
faxed to us. Our fax number is (210) 979-0989.
Complete list of items that may be needed prior to loan approval:
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Completed Real Estate Information Form above.
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Signed Borrower Authorization (to pull credit).
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Commitment Letter, Good Faith Estimate and Escrow Analysis signed by borrower(s).
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Copy of driver's license and social security card.
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Copy of Escrowed Earnest Money Contract for subject property (if purchase).
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Payoff information (if refinance).
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Name and number of insurance agent (12 month policy to be paid at closing).
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Fee for BPO (broker price opinion) $300-$600 per tract (varies on location/property type/if rush).
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Face to face meeting with borrower(s).
- Complete Entity Documents (all loans must close in the name of an LLC, Inc., etc. with a personal guarantee from borrower(s).
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Copy of recent survey on property (not a plat).
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