How Does the Home Loan Process Work?

It’s as easy 1,2,3

Approval

The loan process begins when you complete and submit a simple 15-minute online or phone application, providing information about your home and your finances. Our checklist will tell you what you will need to have handy. We will calculate your best loan options and our experienced home loan advisor will answer all your questions. Also, we will send you initial disclosures to provide you all the information you need to make an informed decision.

• Complete simple 15 application
• We will calculate your best loan options
• We will answer all your questions
• Send you initial disclosures

Verification

You provide us simple written verification of the items from our initial checklist.  For convenience, you can fax or e-mail any relevant information.  We will arrange for an appraisal of your property.  To avoid delays in processing your request, typically an appraisal can be done within 48 hours.  At the same time we will conduct a quick review of your title to verify ownership.

• Provide us simple written verification
• arrange for an appraisal
• We will conduct a quick review of your title

Closing

Closing usually occurs as little as 15-20 days into the loan process. At the closing, the lender "funds" the loan. In the case of a purchase, this is the point at which you actually buy the house.  You sign closing documents at a convenient location near you.  Your closing will be conducted by a competent and trusted mortgage professional who will provide detailed answers to any questions related to your paperwork.  Our entire loan process is designed to provide you with a convenient, informative and efficient solution for your mortgage financing needs.

• Receive detailed answers to any questions related to your paperwork
• You sign closing documents at a convenient location near you
• Lender "funds" the loan