Loan Process
The Loan Process is comprised of a simple process. Most people today are Pre-qualified because it helps them to negotiate better terms on their home purchase .
You can easily prequalify with our on-line pre-qualification, and a personal meeting with one of our loan professionals to discuss your personal financial situation. Being Pre-qualified is a smart place to start because it lets prospective sellers know you have taken appropriate steps to possibly buy their home.
-
1.Take your loan application2.I research the best possible programs and rates for you.3.Gather all the necessary documentation: 2 years income history, 2 months bank statements for all financial accounts, one month pay check stubs or financial statement for the current year.4.Decide on the best loan for you and sign all papers.5.You are now pre-qualified. (Loans can be pre-approved early if loan meets requirements.)6.Order appraisal and preliminary title report.7.Prepare file to be submitted to the lender.8.Submit File.9.Receive approval in 2-5 working days with conditions. You are now pre-approved.10.Meet all conditions of the loan.11.Get approval on conditions.12.Order documents to be printed.13.Confirm with title when documents arrive.14.After documents arrive at title, then I can make the signing appointment.15.Clients sign documents at title.12.Make sure title sends all documents to lender.17.Obtain funding conditions from lender.18.Make sure all funding conditions are met.19.Fund!20.Record!21.Loan is now officially closed!
