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Process

Step 1:

Pre-Approval

Pre-approval can take anywhere from fifteen minutes to a week, depending on how complicated your finances are. Being pre-approved helps you and your realtor confidently search for a home that you can afford. Once pre-approved, we can show you what price range and monthly payment fit your needs.

HERE'S WHAT I'LL NEED:

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Credit Check

Running credit while house hunting will not ruin your score. We only have to pull it once and the report is valid for four months.

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Documents

Two paystubs, most recent two W2 forms, most recent two tax returns.

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Down Payment
Amount

Notes: You can get a gift on most any loan program. Most 401k provider allow for loans with low/no interest for home purchases.

Step 2:

Contract

Once you're under contract, we work to gather more information and work toward a successful close. Here is an outline of what to expect next.

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Lock Rate, Sign, Review Numbers

We will advise of current rates and discuss locking in. Preliminary figures are provided for your review. Compliance disclosures will be sent to you to sign. We combine those with your financials and send to underwriting.

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Due Diligence

We'll order the appraisal, which typically takes under two weeks to receive. We'll assist you in securing homeowners insurance through an agent of your choice. We'll work with the selected closing attorney to perform a title search.

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Official Approval

Underwriting will officially approve you and we'll advise of any items needed from you before closing.

Step 3:

Closing

Closing your loan on time and with ease is what we do. Here is an outline of what to expect next. We are your guides every step of the way!

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Closing Disclosure

We are required to disclose updated preliminary figures to you three business days before closing, which you will need to e-sign to stay on track for closing on time.

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Final Figures

During the week before closing, we will work with the title company to fine-tune figures. A cashier's check or wire transfer is almost always required.

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Closing Day

Set a time and place for closing with your realtor. Allot about an hour and prep your wrists for signing about 60 pages. Receive your keys, and the house is yours!