If you haven't experienced it before, the home loan process can feel overwhelming. Our team keeps you informed throughout, from pre-approval to closing.
The first thing to do is consult with a mortgage specialist — or two. If you don't already have someone in mind, we partner with some of the best lenders in the industry, and we'd be happy to introduce you, so you'll be taken care of.
Before you start looking, meet with your Loan Officer to get pre-approved for a loan amount. The lender gathers information about your income, assets and debts to determine how much house you may be able to afford.
Typically required: credit report, W-2 forms, pay stubs, federal tax returns and recent bank statements. There are a variety of loan programs, so make sure to get pre-qualification for the specific programs that best suit your needs.
When you find the property you're ready to buy, your lender helps you complete a full mortgage loan application and talks you through the various fees and down payment options. The application goes to processing, where documents are reviewed and the appraisal and title examination are ordered.
The loan is then sent to an underwriter, who reviews and approves the entire loan if it meets compliance.
Don't be surprised if you're asked for additional documentation or clarification along the way. Once your loan is approved, set up homeowners insurance. Your documents go to the title company, where you sign for the new home and pay any remaining costs. Then the loan is recorded and you get the keys.
Congratulations, happy homeowner.
Gathering documents up front is the single fastest way to shorten your timeline.
Pulled by the lender as part of the pre-approval review.
Proof of income covering the most recent period requested.
Usually the last two years, particularly if self-employed.
Recent statements showing your assets and reserves.
Fill out this form and we'll connect you with a lender today — someone who will get you competitive rates and the programs that best fit your individual needs.
What buyers ask us most about financing.
