The first step is for us to get to know you and vice versa. As your loan team, we will brainstorm loan ideas with you and look at all the possible loan scenarios. This helps us understand which of our programs will best suit your needs.
There are tons of loan options and programs available. During this step, we’ll teach you about the lending/refinancing process and answer any questions you may have. Once we’re done, we’ll get you started with a loan application.
Once your loan application is complete, we’ll submit everything, including your documentation, to a Loan Underwriter for a “conditional” loan approval. What exactly does this mean? Your loan is approved and is subject to additional conditions which you must meet to satisfy the Underwriter.
After your conditional approval, we will work to help you satisfy all the conditions for the Loan Underwriter. This may include property appraisal, income verification, assets, liabilities, and other documentation needed for final approval.
The last step is receiving final loan approval, signing the loan documents, funding, and closing your loan!