Get smart & learn about
THE HOME LOAN PROCESS
If you haven’t experienced it before, the home loan process can feel overwhelming, but we will help you stay informed throughout the
entire process, from pre-approval to closing. The first thing to do is consult with a mortgage specialist (or two). If you don’t already have someone in mind, we partner with some of the best lenders in the industry, and we’d be happy to introduce you, so you’ll be taken care of.
What's needed to
Before you start looking for a home to buy, it’s a great idea to meet with your Loan Officer to get pre-approved for a loan amount. At this stage, the lender gathers information about income, assets and debts of the borrower (you) to determine how much house you may be able to afford. This includes a credit report, W-2 forms, pay stubs, Federal Tax Returns and recent bank statements. There are a variety of different loan programs, so make sure to get pre-approval for the specific programs that best suit your needs.
You're never alone
WE CAN HELP YOU GET THE BEST LOAN
Don't know any good lenders? No worries, we’ll help you find the best loan officer to get you competitive rates and the programs that best fit your individual needs. Fill out the form below and we’ll reach out to you with lender(s) information today! We are all about respecting privacy, so we won't share your info with them unless you want us too.
Application & processing
YOUR LOAN GOES "LIVE"
When you find property you’re ready to buy, you make an offer. Once your offer is accepted, your lender will help you complete a full mortgage loan application, and talk you through the various fees and down payment options. The application is submitted to processing, where the documents are reviewed, home insurance set up, and appraisals and title examination are ordered. Then the loan is sent to an underwriter, who reviews and approves the entire loan if it meets compliance.
Make an offer
& LET'S CLOSE ON A HOME
You will likely be asked for additional documentation or clarification throughout the process. Once your loan is approved, your documents will be sent to the title company, where you’ll sign for the new home and pay any remaining costs. Then the loan is recorded and you get the keys. Congratulations, new happy homeowner!!
- What To Do and Not to Do after being pre-approved
- Pre-Approval vs. Pre-Qualification
- Read our FAQ's regarding home loans
- Get your Free Lender Interview Cheatsheet