| |
| Note: The
below process assumes the borrower(s) will be
approved for the loan. |
| |
| STEP ONE --
Determine how much you can borrow |
| |
| Click
Here (or on the "Pre-Qualification"
link) 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 call us 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! |
