02. Application and Documentation
Submit an application through my online portal.
03. Getting Pre-Approved
Get an underwritten approval in one business day and start house hunting.
04. Finding A Home
You win the bid and schedule a home inspection. Simultaneously, we will update your file and request any documents that may have expired.
05. Signing Contracts
Now that both parties have come to an agreement we can discuss ordering the appraisal, working on a commitment letter, interest rates and programs.
06. Loan Submission & Disclosures
Updated documents, disclosures and contracts are submitted to underwriting for a loan commitment.
07. Ordering The Appraisal
The appraisal is ordered to make sure that the current value of the property is equal to or greater than the price you are paying.
08. Commitment Letter Issued
The underwriter will list all the conditions that must be submitted and approved before we can fund the loan.
09. Lock In The Interest Rate
Once the appraisal has been approved and the title has been cleared, we will lock the interest rate.
10. Submit Final Conditions
All outstanding conditions are submitted to the underwriter for final approval.
11. Final Approval
Also known as a "clear to close" means that all conditions have been approved by the underwriter. Final numbers for closing will be issued as well as scheduling the closing.