Our loan application process generally begins with an initial interview. One of our mortgage professionals will discuss your potential loan, asking relevant questions and understanding your needs. Ideally, it helps to do this before house hunting, to determine in advance how much you can comfortably afford and the mortgage amount you can qualify for. 

Nobody knows your finances and comfort level better than you do. Ask your loan officer to help you to review your fixed monthly costs, calculate payment figures, and estimate taxes and insurance (and Private Mortgage Insurance (PMI) if necessary). This pre-qualification step can save you time and trouble by making certain you're looking in the appropriate price range from the start.

Pre-Qualification

This important step sets the stage to make the purchasing process smooth. We require a credit report for each borrower. We also request accurate income and asset amounts. We include this information in your application to determine the loan amount for which you may be eligible.

Home Search

Once you know what is affordable and have been pre-approved, you can start looking for a home.

Make an Offer

Once you find the house of your dreams, you'll want to make an offer on the property. Your realtor will work with you to present a competitive offer. It is important that your loan officer and realtor communicate during this part of the process. For example, they will need to include any seller credits toward closing costs in the offer contract, etc.

Application Process

Our application process is extremely thorough – we'll help you every step of the way.   You can contact your loan officer to begin, or Apply Online.

Additional documentation will be needed to process your loan such as pay stubs, bank statements and tax returns. It is very important to get this information to your loan officer as soon as possible, in order to meet your commitment date as stated in your purchase and sales contract. An appraisal on the property will be completed on the property to ensure the value.  We will begin the work of verifying all the information you've provided, and this process can take anywhere from one to four weeks, depending on the loan itself. We like to set realistic expectations for all of our clients in hopes of making the mortgage process go smoothly.

Closing

 

Some home buyers find the closing process to be one of the most intimidating aspects of buying a home or even refinancing. We get it - and we're here to answer questions during each step, from start to finish. Prior to closing, you'll receive a copy of the Closing Disclosure that lists the final costs of purchasing your home. The Title company that will be handling the closing will  provide you with the bank wiring instructions.  After you sign all necessary paperwork, your loan will be recorded.