The Mortgage Process

This part is easy. You answer some questions online in the Mortgage Center. Then you decide on the best loan for you. We provide a variety of loan options based on:

• Your monthly income
• How much you owe
• How much you want to spend on your new house, or if you're refinancing, how much do you still owe
• How much you have to put down
• How long you're planning to stay in your new home
• How much flexibility you have with your monthly payments

You will be able to preview a variety of loan programs and pricing options. For your information on total costs, you can use the Estimated Closing Costs tools to view the costs associated with a specific loan program. If you have any questions, just give us a call. Don't worry, we can help, just Contact Us.

Make sure you pre-qualify for the loan before applying.

We've pared our loan application down to only the most essential information. Here's what we need to know:

• Borrower Information - The basics about you.
• Property Information - The basics about the property you want to finance.
• Income - What you make.
• Assets - The assets you plan to use for the down payment and closing costs.
• Liabilities - What you owe and to whom. We will run a credit report to confirm liabilities and fill in that section of the application for you. (You'll have a chance to review and make any corrections.)
• Declarations - A few more questions to complete your application.

When we process your loan application, we verify the information you've provided to us. We will request documentation to verify income, assets, and credit. Your new home, or existing home if you are refinancing, will be reviewed by ordering an appraisal, title report, and flood certification. A prepaid appraisal deposit is required and will be applied toward your closing costs. We also setup escrow for the loan closing and send you applicable disclosures so you have a chance to read through them.

Once you have provided your income, asset and credit documentation, we will verify the information. If it meets our guidelines, a Conditional Approval Letter will be issued. All terms and conditions of the approval will need to be satisfied before the loan can close.

Final loan approval involves satisfying all loan conditions based on your conditional approval. Additional conditions may apply, based on the documentation you provide. Your mortgage representative will keep you informed every step of the way. Once we've satisfied all loan conditions, we will give you a final approval, and then you're ready for closing.

With final loan approval, we prepare the loan documents for you to sign and send them to an escrow company for signing. Once we receive the signed documents, we'll transfer the money to the escrow company and they will disburse the loan and record the documents.