Our “Less Stress” Mortgage Loan Process

Step 1: Application is Taken

Initial information is taken over the phone or online prior to our first meeting. A credit report is ordered. Application is reviewed and a list of documentation needed is prepared and sent to you before we meet.

Step 2: The First Meeting

At the meeting, every effort is made to obtain the documentation necessary to help our underwriter approve your loan and avoid any unnecessary delays.

Step 3: Pre-Approval

Our goal is to have your loan "pre-approved" in 24 hours. A pre-approval letter will be sent to your realtor upon request.

Step 4: Documentation is Ordered

When you find a home and the sales contract is accepted, the appraisal is ordered following property inspection. Employment history, funds available and mortgage or rental history are verified. Closing date and time are set with closing attorney.

Step 5: Documentation is Reviewed

Upon receipt of documentation, a review is made for completeness to ensure no additional information is required. The right loan program is chosen to fit your long and short term financial needs. Interest rate may be locked at this time.

Step 6: Loan is Submitted

When all documentation is received and reviewed, your loan package is submitted to our underwriter for full approval.

Step 7: Loan is Approved

You are notified of the approval. Any remaining conditions must be received prior to the loan closing. Once all conditions are received, you are clear-to-close!

Step 8: Documents are Drawn

Approximately 24 hours prior to closing all documents are sent to the attorney by our closing department. A preliminary closing statement is received from the attorney's office indicating funds needed for closing. The closing statement is forwarded to all parties, along with a map to closing attorney's office. A last check is made with borrower as to items needed at closing. Funds are wired to attorney.

Step 9: Documents are Signed

Buyer and seller meet at attorney's office and sign closing documents. Checks are disbursed. The keys to the property are yours and you are now a new homeowner!

Step 10: Transaction is "Closed"

The closing attorney then records the note and deed of trust at the county recorder's office. This officially ends the closing process with the security for your loan becoming a matter of public record.

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