Six Easy Steps

1. Application

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You provide your broker with the most basic and essential information that he/she needs to start shopping for you.


(On your first visit, first phone call or through our online application if you wish)

2. Credit report

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Your broker pulls your credit report with the results from three major credit bureaus, using the middle score and throwing the high and the low scores.


(Typically on your first visit or first phone call, once your SS# is provided)

3. Loan program

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Your broker review with you all available loan programs and help you decide what is best for you. 


(Typically within 1 day from your application.)

4. Documentation

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We provide you with a list of documentation. For example, bank statements, paycheck stubs, W-2's, tax returns. Your loan officer (broker) will review the types of documents you will need to provide to us based on your chosen loan program.


(Typically within 1-2 days from application)

5. Processing and Underwriting

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Your lender verifies your documentation and that your loan meets all loan program guidelines. Additional documentation might be asked for at this stage as well.


(Typically takes 2-6 weeks)

6. Approval and closing

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Once you're approved, we set a closing date where you will sign closing documents.


(Typically takes 1 week)

The Mortgage Process Timeline

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Pre-Approval

Contact us and get pre-approved. The pre-approval process is usually between 1-3 days.

Looking for homes and submit an offer

Working with your real estate agent to preview homes for sale and submit and offer based your pre-approval from us.

Finalize loan application

We will finalize your loan application and update documents. Generally, this process takes 1-3 days.

process loan

We will process your loan and monitor your file through underwriting. Processing and underwriting time frame depends on the complexity of your loan but normally takes 5-15 days.

underwriting

An underwriter will verify the loan fits all guidelines within 5-20 days.

Pre closing and close

Last details are finalized. For example, your closing disclosure, title requirements, and hazard insurance (when applicable) and you then sign your loan documents. The closing and pre closing process is expected to be 5-7 days, depending on your loan program and loan type.