Home Loan Process
Step 1: Get Pre-Approved!
Start by completing our secure online application. Your application will be reviewed within 24 hours, and your credit will be checked at this time.
Step 2: Submit Income & Asset Documents
You’ll upload the following:
• Most recent pay stub or 2 years of tax returns (if self-employed)
• 2 years of W-2s
• 2 months of bank statements
Step 3: Pre-Approval Issued
Once your credit and income are reviewed, a pre-approval letter is issued.
🎉 You’re now free to start shopping for homes!
Step 4: Home Under Contract
After you find a home and go under contract, we’ll send you loan disclosures showing:
• Estimated monthly payment
• Estimated cash needed to close
Step 5: Underwriting & Appraisal
Your file is submitted to underwriting for final approval.
During this time:
• You may choose to complete a home inspection
• Once the option period ends, we’ll order the appraisal
📌 The appraisal is paid out of pocket by the borrower and typically takes about 7 days to complete.
Step 6: Final Approval (Clear to Close)
By the time the appraisal is complete, underwriting should have all required items, and your loan will be moving toward closing.
Step 7: Closing Disclosure
Once your loan is cleared to close, you’ll receive a final Closing Disclosure with exact figures needed for closing.
Step 8: Closing Day 🎉
At the title company, you’ll need:
• A valid driver’s license
• A cashier’s check payable to the title company for the final amount
⏱ Closing typically takes 30–45 minutes, and then… you get the keys! 🏡🔑