LOAN PROCESS

In the case of buying a home, you should determine how much home you can afford even before you begin looking. By answering a few simple questions, we can calculate your buying power, based on standard lender guidelines, and issue a Verified Approval Letter to give you maximum buying power.

Home loans come in many shapes and sizes. Deciding which loan makes the most sense for your financial situation and goals means understanding the benefits and requirements of each.  Whether you are buying a home or refinancing, contact us today so we can help you choose the perfect loan program to fit your needs.

Once you've found a home to purchase, or are ready to refinance your current home, you're ready to begin the loan application process.

Although lenders conform to standards set by government agencies, loan approval guidelines vary depending on the terms of each loan. In general, approval is based on two factors: your ability and willingness to repay the loan and the value of the property.

After your loan has final approval from the lender, you will be issued your Closing Disclosure at a minimum of three days prior to closing. This is your opportunity to review the final loan terms - such as interest rate, escrows, cash to close, etc. Also, verify that the name and address on the loan documents are accurate. The closing normally takes place in person with a notary.