Processing FAQs

Your current balance might not reflect how much you actually have to pay to completely satisfy the loan. Your payoff amount also includes the payment of any interest you owe through the day you intend to pay off your loan. The payoff amount may also include other fees you have incurred and have not yet paid.


If you are paying off your loan early, you may have to pay a pre-payment penalty. If you are considering paying off your mortgage, you can request a payoff amount from your lender or servicer. If your loan is a “closed-end” loan secured by your “principal dwelling,” once you request a payoff amount, servicers must provide you with an accurate statement of the total amount that would be required to satisfy your obligation in full as of a specified date. You can have only one principal dwelling at a time, so this does not include a vacation or other second home.

Your processor is responsible for getting your application approved. At Garden State, we encourage communication between the borrower and their processor to make sure that everything goes as smoothly as possible!

Some of the documents you should have on hand when preparing for processing include:

    • W-2s from your current and former jobs
    • Pay stubs
    • Tax returns
    • Bank statements
    • Retirement and investment account statements


This all depends on your loan scenario.

Yes, at Garden State, we have different people who specialize in each step of the loan journey. This ensures that your loan is processed and closed as quickly and efficiently as possible!

Skip to content