How the mortgage process works
A quick guide to the process
and how I'll help you get through it
First things first
Let's get some basic info about you so I know best how to help
Pre-approval
Next we will see what kind of loan will best fit your needs
Make sure you have 2 years of W-2s (or tax returns if you are self employed, recent pay stubs, bank statements, and investment statements.
Application
This is where the process really begins
We will work together to answer questions about the property, type of loan, and your financial history.
Loan Estimate and moving forward
The Loan Estimate will let you know
a lot of important details like your monthly payment, interest rate, and associated fees. Then we will work out the conditions that need to be met to make the loan happen
Loan Processing
We all work together
to get all the materials needed to close the loan. You and I will make sure all conditions are met while I will also work behind the scenes with everyone else to make sure your loan gets to the closing table as soon as possible.
Underwriting
The underwriter will review
all of the conditions and either approve or deny the loan. We will either move forward to closing or discuss a plan to get you to where you need to be to move forward from here.
Closing
You made it!
You'll sign papers, bring your part of the closing costs, and become officially a homeowner!