The Home Loan Process
I Am Here to Help
If you haven’t experienced it before, the home loan process can feel overwhelming, but I will help you stay informed throughout the process, from pre-approval to closing.
Application and Processing
Once you are under contract, your lender will help you complete a full mortgage loan application, and talk you through the various fees and down payment options. You can also get an estimate of the various fees & down payment options during the pre-approval process.
The application is submitted to processing, where the documents are reviewed 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.
Close & Finalize The Deal
Don’t be surprised if you’re asked for additional documentation or clarification throughout the process.
Once your loan is approved, don’t forget to set up homeowners’ insurance. Your documents will be sent to the title company/closing attorney, where you’ll sign for the new home and pay any remaining costs. Then the loan is recorded and you get the keys.
Congratulations, you are now a homeowner!