Our team’s process is organized and streamlined to ensure nothing “falls through the cracks.” From providing a solid pre-approval to requesting the necessary client documentation, we start the loan process with a strong foundation, eliminating issues further down the road.
1. Say Hello
We start the process by discussing your financing goals, getting you pre-qualified and presenting you with financing options.
2. Application
With a helping hand from your loan officer, you will complete a loan application to start the process. You can do this online or in person.
3. Documents
You will need to provide your loan officer with all supporting documentation such as your most recent bank statements, W-2’s, paystubs and tax returns.
4. Pre-Approval
Congratulations, your loan is pre-approved! Now you can explore various loan programs. We’ll provide estimates of monthly payments to help you make an informed decision.
5. Home Shopping
Our team works closely with your real estate agent to secure favorable terms and get your offer accepted, always prioritizing your best interests.
6. In Contract – Congratulations!
Congrats, you’ve been approved with conditions. Your processor will work on getting these conditions cleared which may require additional information from you.
7. Sign Initial Disclosures
Signing initial disclosures is key in the mortgage process. It shows you understand the loan’s terms, costs, and obligations, allowing the lender to verify information and proceed with approval.
8. Appraisal
We partner with a licensed appraiser to provide a thorough property evaluation, ensuring an accurate assessment of its value. This helps determine the best loan programs and amounts for you.
9. Final Underwriting
& Clear to Close
After submitting all required documentation, your loan application is reviewed by the underwriter to ensure it meets the lender’s guidelines. Once approved, your processor will order the necessary documents to complete the closing process.
10. Closing
The closing process marks the final step of your mortgage journey. Once all conditions are met, funds are disbursed, and your mortgage is complete. Finally, it’s time to get your keys!
Congratulations!
Your loan has been recorded!