Loan Process

Submit preliminary documents: W2’s, pay stubs & bank statements schedule free consult.

Share your “wish list” with your realtor.

Offer accepted / sign binder. Schedule inspection & send inspection report to your real estate attorney.

Make offer, review & sign your contract with your real estate attorney.

Gather remaining documents to submit with completed and executed loan forms & disclosures. The loan is submitted to the processing department upon receiving fully executed contract of sale.

A licensed, independent appraiser determines the market value of your home.

Receive your welcome package. Processor completes all verifications for credit, employment & assets.

Processor submits loan package for review and commitment letter.  Commitment letter issued & sent to you and your attorney for review.

Receive & review. We will update you on outstanding conditions, pending loan approval within 3 days of receipt.

Your attorney submits the title report to the bank attorney for review & clearance.

Copy of appraisal & mortgage clause provided to you to secure homeowner’s policy.

Submit all closing conditions noted on commitment letter for final clearance.

You and your attorney are notified that your loan is cleared to close. A closing date is schedule by attorneys with bank attorney.

Borrowers do a final walk-through of the property to approve condition of the house prior to signing closing documents.

All parties sign closing documents with bank attorney. Certified check instructions provided 24-hrs. prior.