An overview of the loan process

Make no mistake, there's a lot involved in getting a mortgage loan. You wouldn't be here on our website if you
could fill out a one-page application and get the best loan for you funded the same day. What we do is most of
the heavy lifting for you, so you can concentrate on what's important -- preparing to move into your new home,
saving money, or making plans for your home equity line of credit.

There are four main steps involved in getting a loan. You'll see that we've made your part in them as easy as
possible, and we do all the work! That's what we're here for.

Step one: determine how much you can borrow  

This is a function of a couple things. How much of a monthly payment can you afford? And given your unique
credit and employment history, income and debt, and goals, how much will a lender loan you? The first part you
can get a rough idea of by using the calculators on our website. We'll also help you through different scenarios
by asking a few simple questions. Based on standard lender guidelines, we'll get you a good idea of what kind of
terms and loan program you can expect to benefit most from.


Step two: pre-qualify for your loan  

This is where the rubber meets the road and you save the most money. You supply information about your
employment, your assets, your residence history, and so on. We get your permission to run your credit score.
When we review all this information we give you a Pre-Qualification Letter. Handle it with care -- to a home seller,
it's like a suitcase full of cash! Your realty agent will use your Pre-Qual (as they may call it) to make the best
offer on the home you choose, and the seller knows you're pre-qualified. It gives you buying clout! And while
you're picking out the home that's right for you, we're busy finding the loan that's right for you.


Step three: apply now! We make it easy  

Once you've made an offer and it's been accepted, it's time to complete the loan application. It couldn't be
easier, and you can do it online, right here at our website. When the time is right, we'll order an appraisal of your
new home.


Step four: your loan is funded  
Your realty agent and the seller's will work together to designate an escrow/title company to handle the funding
of your loan once it's approved. We'll coordinate with the escrow company to make sure all the papers your
lender will need are in order, and you'll sign everything at the escrow/title company's office.


You've answered a few questions, given us some detailed information, applied online, and next thing you know,
you're moving in! We're in the business of mortgage loans -- so we do most of the work. Doesn't that make
sense?
Loan Process