
Jon-Eric Lehman
Senior Loan Officer
Direct: 760-322-4044
Mobile: 760-898-2589
Fax: (877) 444-0043
850 N. Palm Canyon Drive
Palm Springs, CA 92262
REO Information
REO stands for “Real Estate Owned”. REO properties have been through the foreclosure process and are now owned by a bank or mortgage company. While REO properties present a tremendous opportunity for finding a great bargain, it is important to have the best team on your side to make sure you close the best deal possible. Jon-Eric Lehman is a bank-owned sales specialist that make this happen for you!
Apply Online Today! PRE QUALIFY
Necessary documents for REO Pre-Approval
To complete your pre approval process you must fax the following documents to me at 877-444-0043 or scan and email to me at joneric.lehman@prospectmtg.com.
- Most recent paystubs for 30 days showing YTD income.
- If receiving Social Security I need the current year social security award letter.
- W2s and or 1099’s from the last two years.
- Signed copies of your last two years' tax returns, including all schedules that were filed.
- If you own your own business I need two years business tax return with K-1’s.
- Most recent bank statements for two months.
- Most recent statements from any retirement and investment accounts for two months.
- If Divorced, please include decree.
- If you currently own another property I need the Mortgage Statement, Hazard Insurance policy and Property Tax Bill.

