| |
| Note: The
below process assumes the borrower(s) will be approved
for the loan. |
| |
| STEP ONE --
Determine how much you can borrow |
| |
| Click
Here to pre-qualify and to find out how much home you can buy, even before you
begin looking. Once you've answered a few simple
questions, we'll calculate your buying power, based on
standard lender guidelines. |
| |
| STEP TWO --
Pre-Qualify and save money |
| |
| To complete the
pre-qualification step, click on the Get
Pre-Qualification letter button. You'll need to
supply some brief information about employment, assets,
etc. We'll contact you for authorization to obtain your
credit report. Once we've reviewed this information,
we'll issue your Pre-Qualification Letter, which gives
you the clout of an "all-cash" buyer. As you
begin looking for a home, we'll begin looking for the
best loan to meet your specific needs. Your Real Estate
Agent will use your Pre-Qualification Letter to
negotiate the best deal for you. |
| |
Important Note: Do
not allow anyone to obtain free credit reports for you.
These reports will have to be obtained later anyway,
which may lower your "credit-risk score"! This
score is extremely important to your overall credit
evaluation in the underwriting process for your mortgage
loan.
|
| |
| STEP THREE -- Apply
Now! Getting started is easy. |
| |
| When you've selected a
property and have a contract with the Seller, the next
step is to complete your loan application, which can be
done easily through our website. Click on the Shop
Rates menu selection to learn more about available
loans and current rates, or click on Apply
for a Loan to start your application. |
| |
| At the appropriate time
we'll order a property appraisal for you. |
| |
| STEP FOUR -- Your
Loan is Approved and Funded |
| |
| Your Real Estate Agent or
the Seller will designate an Escrow/Title Company to
handle the funding of your loan, along with many other
factors which make your purchase go smoothly. |
| |
| We will coordinate with
the escrow team and you'll sign the final papers at
their office. |
| |
| Simple, Straightforward,
Cost Effective, and FAST! |
