Mortgage Process

Why pre-qualify?

We recommend our buyers get pre-qualified before beginning their home search.
• Knowing exactly how much you can comfortably spend on a home reduces the potential frustration of looking at homes beyond your means.

Funding Your Home Purchase

1. Financial pre-qualification or pre-approval
• Application and interview
• Buyer provides pertinent documentation including verification of employment
• Credit report is requested
• Appraisal scheduled for current home owned, if any

2. Underwriting
• Loan package is submitted to underwriter for approval

3. Loan approval
• Parties are notified of approval
• Loan documents are completed and sent to title

4. Title company
• Title exam, insurance and title survey conducted
• Borrowers come in for final signatures

5. Funding
• Lender reviews the loan package
• Funds are transferred by wire