Below is a quick step by step to the loan process.
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Pre-Approval
IN TODAY’S FAST PACED MARKET, MAKING SURE YOU ARE PRE-APPROVED ALLOWS YOU TO MAXIMIZE YOUR PURCHASE POWER.
- First, it educates you on what your purchase power is; you know what you can afford and also if you are comfortable with the payment and loan terms.
- Second, it shows your agent and more importantly the seller that you have taken the steps to be prepared and are a serious.
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How to Get Started?
After your initial pre-approval, once your loan process has started, it typically take 20-30 days from start to finish. The main steps through this process include:
- The complete loan application
- Collecting supporting documents
- Submit to underwriting/appraisal
- Underwriting review & meet conditions
- Final approval & closing!
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The Loan Process Itself
Start by reaching out to myself (Rob) directly, or by applying here on the website and I will gladly reach out to you.
- We will review your personal information, employment, income and current payment obligations;
- We will also review what payment you are comfortable with as well as loan options that are available to you.