Once you select us to obtain your home loan, you'll be amazed at how quickly and simply the loan process moves. Before you know it, you'll have a mortgage that suits your lifestyle and saves you money.
Throughout the loan-application process, we provide you with regular updates. You can also e-mail us with questions or new information. And if you want assistance, a mortgage expert who can answer questions is just a phone call away.
Here's an overview of the loan-application process
STEP ONE -- Apply Now! Getting started is easy
There is no charge to apply!
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. To get started, select an application from the list on the left.
Normal Down Payment is 20% of the purchase price. Purchase Transactions with less than 20% might be considered in CA, FL, IL, MD and VA with PMI required.
Purchases with loans greater than $417,000 or for more than 1 unit may require higher down payments.
Loan Requests using Adjustable Rate Mortgages or Hybrid Mortgages may require a higher down payment.
Condo Purchases may require a higher down payment as well.
After you submit your loan application, we will be able to present a customized loan proposal to you.
STEP TWO -- 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.
At the appropriate time we'll order a property appraisal for you.
We will coordinate with the escrow settlement team and you'll sign the final papers at their office.
Simple, Straightforward, Cost Effective, and FAST!