You've come to the right place. When people entrust us with their financing, we own their experience, from initial contact to the moment you're handed the keys. Our success is measured not by the size or number of loans we close, but rather by our members’ satisfaction with how we handled the process and their willingness to recommend us to others.
Here we go!
Step 1: The Application
To start the process, submit an application or meet with one of our loan officers to pre-qualify for a loan. We’ll help you figure out a comfortable target amount and provide written verification that financially, you’re ready to start shopping. Once you find the home you want, we’ll verify the information on the application, lock your rate, issue disclosures, and collect supporting documentation.
Step 2: Processing
The appraisal and title search are ordered, and the file is prepared and submitted for underwriting.
Step 3: Underwriting
More paperwork. Hang in there – the finish line is near!
Step 4: Closing
Your loan is approved, and your closing is scheduled. That’s when you’ll sign a few more forms and receive the keys to your new home.
Congratulations! You made it!
It isn’t unusual to encounter obstacles along the way. No need to worry! We're here to help you move past them as easily as possible. Here are common ones:
If your loan request is declined, it may be due to any number of things including not enough income, too much debt, or a weak credit history. As important it is for you to own a home, it’s even more important to us that you can afford to keep it and maintain it. We avoid placing people into situations with a high probability of causing them financial stress. If your application is declined, your Mortgage Loan Officer will discuss with you the reason and provide suggestions about how to increase the likelihood your application can be approved in the future.
Property Appraisal Issues
A loan request cannot exceed the appraised value of the property being financed. In some cases where this occurs, it may warrant presenting a counteroffer to the seller. Your Mortgage Loan Officer can provide you with suggestions on how to proceed.