What to Expect
Step 1:
When you first call, we will discuss the specifics of your scenario and determine the best loan type for you.
Step 2:
You will provide the required documentation (see the general documentation requirements list), apply for your loan, and sign the initial disclosures.
Step 3:
Once your loan is submitted, underwriting will review the contents of your loan application and your supporting documentation. Occasionally, addition documents will be requested.
Step 4:
Waiting for:
Title work to be processed
The appraisal (if applicable) to be delivered.
Step 5:
Schedule closing and review the closing disclosure.
Step 6:
Closing!
Important Notes:
Many companies pay money to know when someone has had their credit pulled so they can solicit people with suspicious offers. Be very wary of this. Instructions to opt-out can be found here.
During your transaction, it is crucial not to change your spending habits. Do not open a new credit card, make any large purchases (such as appliances), apply for a car loan, etc.
Ensure when you send your supporting documentation that you include all pages of each document. Even if a page says, “This page is intentionally left blank,” we need that page.