- Buyer obtains pre-qualification from Lender.
- Buyer purchases desired home with a Real Estate Agent's help.
- Contract is accepted / Home is placed in escrow
- Loan application is submitted to lender.
- Lender orders title & property appraisal.
- Loan materials are reviewed & processed.
- Loan submitted to underwriting for approval.
- Closing agent - signing, transfer of final materials.
- Loan documents are signed.
- The loan is funded & recorded.
- Buyers get the keys to their new home.
Purchasing a home can seem complex. Obtaining a mortgage shouldn't be.
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