Determine How Much You Can Afford

The Purchase Loan Process
1. Prequalification/Pre-Approval: Determine how much you can afford before house-hunting.
2. Review Loan Programs: Select a loan option best matches your financial profile, for example: Conventional, FHA, Jumbo, etcetera.
3. Issue Pre-Approval Letter: A Pre-Approval Letter strengthen your offer when bidding.
4. Assist With Loan Application: Once offer is accepted.
5. Update Required Documents: Update income pay stubs, employment history, assets, collect copy of your identification card and purchase contract.
6. Lock Interest Rate: Secure arate for a set period of time.
7. Submit to Underwriter: Provide all requested conditions promptly.
8. Order Appraisal and Title Work: Required for lender approval.
9. Coordinate With All Parties: Realtor, escrow/title, and seller's sideto keep closing on track.
10. Closing Day: sign documents, fund the loan, get keys to your new home.
For more details, please feel free to contact us. We'd love to hear from you!