Process

THE ROAD TO HOMEOWNERSHIP IS SHORTER THAN YOU THINK

Seven simple steps on the path to home.

1

PRE-APPROVAL

What can you afford?

To pre-approve you for a loan, we’ll check your credit and review your financial and employment history. It’s our goal to estimate what you might be able to afford and the loan amount you could realistically pay back.

2

FIND THE RIGHT HOME

The real search begins.

Now that you know how much home you can afford, it’s time to begin your home search. Compile a list of wants and needs to map out your goals and manage your expectations. Communicate this list to your LO and real estate agent. If you need help finding a real estate agent, we have connections!

3

GATHER INFO FOR APPLICATION

All the paperwork will all be worth it.

You’ll need to provide several different forms of documentation so we can get started on your loan paperwork. Most of this process will be digital! If you are employed (not self-employed) you’ll need to provide U.S. Individual Income Tax Returns (IRS Form 1040), pay stubs, and a Wage and Tax Statement (IRS Form W-2). See our complete list of required mortgage documents.

4

SECURE YOUR RATE & LOCK YOUR LOAN

Let’s find your best lock period.

Once you’ve found your home, we’ll set a lock period to secure your rate and schedule your home appraisal and/or inspection. At this point, your loan will be assigned to a Processor who will get your loan to the finish line. Keep in mind the mortgage dos and don’ts!

5

PROCESSING

One step closer to final approval.

Your Processor will submit your loan to Underwriting and issue your Conditional Approval Letter. Once your loan is final approved, you’ll schedule a closing appointment to sign the final documents.

6

THE CLOSING TABLE

Sign on the dotted line.

Just show up and be ready to sign! Your closing package will be waiting for you to review with an attorney and/or notary. Bring your ID and the necessary funding to complete the transaction.

7

WELCOME HOME

Congratulations!

Move into your new home! We love to join our new homeowners in the excitement of moving in. Send us a photo of your #moveinmoment on social media for a chance to be featured on any one of our channels!

*This is a simplified version of our process and is for illustrative purposes only. Not all loans follow the exact same steps and some steps are not shown here. For a more complete list of steps, read more here.