Reach out to our professional mortgage team via email, phone, or in-person to discuss your goals. During this consultation, we’ll help you determine how long you plan on living in the home, the amount of down payment you will need depending on the loan program you’ve selected, and how much you want your monthly payments to be. We’ll listen to your situation and help you make plans that are accompanied by a lending program to help you achieve your set goals.

A pre-approval determines how much money you will be eligible to borrow before you actually apply for a loan. Pre-approval does not guarantee a loan as this is just an initial assessment. During this step, we gather your financial information and make a conditional determination about your qualifications. Your mortgage professional will let you know what essential documents are required from you as well as what basic information will be required to start your file. *A pre-approval is not an approval of credit and does not signify that underwriting requirements have been met.

After you have completed a loan application, your mortgage professional collects all the required documents and submits your loan file to the loan processor. Your files are reviewed by your processor. If everything looks to be in order and accounted for, your processor will move forward and order your property appraisal. During this stage, your processor may need additional documentation. Please keep a close eye on your email or phone to ensure prompt responses should your processor reach out to you. Communication is key during this step to keep your loan moving in a timely manner. Once your loan file is completed, the processor submits it to underwriting to begin the approval process.

Now it’s time for the underwriter to review your loan file again. The underwriter will be able to ensure that all guidelines have been met for the specific loan program and will issue a loan decision. Once your mortgage has been approved and all conditions have been cleared, your loan is moved to “Conditional Approval” status. You’re almost there!

You will receive a loan commitment letter that contains the details of your loan including the rate, amount, and term along with any outstanding conditions that need to be addressed before the file is sent to closing. Once everything is cleared by the underwriter your file will be “cleared to close” and our closing department will complete your final documents.

During closing, you will sign a variety of final documents. Be sure to bring a photo ID along with the proper form of payment to cover your down payment, closing costs, prepaid interest, taxes, insurance, or any additional costs. Be sure to confirm with your mortgage professional to ensure that you do not need any additional documentation present during the closing process. After the closing documents are completed and all funds have been disbursed, you will receive the keys to your new home! Congratulations! Always remember, even though your loan has been funded and your transaction has been completed, our team is always here to support you in the future. Call or contact us anytime if you have additional questions regarding your loan program, monthly payments, and more. From this mortgage to the next, our partnership is for life!