If you haven’t experienced it before, the home loan process can feel overwhelming, but our agents will help you stay informed throughout the process, from pre-approval to closing. The first thing to do is consult with a mortgage specialist

2. If you haven’t experienced it before,
the home loan process can feel
overwhelming, but our agents will
help you stay informed throughout
the process, 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.

5. Before you start looking for a home to buy,
it’s a good idea to meet with your Loan
Officer to get pre-approved for a loan
amount. At this stage, the lender gathers
information about income, assets and
debts of the borrower (you) to determine
how much house you may be able to afford.
This includes a credit report, W-2 forms,
pay stubs, Federal Tax Returns and recent
bank statements. There are a variety of
different loan programs, so make sure to
get pre-qualification for the specific
programs that best suit your needs.

8. We’ll help you find the best
local loan officer to get you
competitive rates and the
programs that best fit your
individual needs. Fill out this
form and we’ll connect you
with a lender today!

11. When you find property you’re ready
to buy, your lender will help you
complete a full mortgage loan
application, and talk you through the
various fees and down payment
options. The application is submitted
to processing, where the documents
are reviewed and appraisals and title
examination are ordered. Then the
loan is sent to an underwriter, who
reviews and approves the entire loan
if it meets compliance.

14. Don’t be surprised if you’re asked for
additional documentation or
clarification throughout the process.
Once your loan is approved, don’t
forget to set up homeowners
insurance. Your documents will be
sent to the title company, where you’ll
sign for the new home and pay any
remaining costs. Then the loan is
recorded and you get the keys.
Congratulations, happy homeowner!