Financing Your Dream Home

Helping You Make Homeownership Happen

Once you have decided that purchasing a new home is the right decision, you will need to get your finances in order. Before starting your home search, you will want to talk with a professional mortgage specialist to determine exactly how much you qualify for and – most importantly – how much you’re comfortable spending.

If you haven’t experienced it before, the home loan process can feel overwhelming, but our agents will help you stay informed throughout the process, from pre-approval to closing.

The first thing to do is consult with a mortgage specialist. If you don’t already have someone in mind, we partner with some of the best lenders in the industry, and we’d be happy to introduce you, so you’ll be taken care of.

The Home Loan Process

The Home Loan Process

Step 1 - Get Pre-Approval

Before you start looking for a home to buy, it’s a good idea to meet with your Loan Officer to get pre-approved for a loan amount. At this stage, the lender gathers information about income, assets and debts of the borrower (you) to determine how much you may be able to afford. This includes a credit report, W-2 forms, pay stubs, Federal Tax Returns and recent bank statements. There are a variety of different loan programs, so make sure to get pre-qualification for the specific programs that best suit your needs.

Step 2 - Application & Processing

When you find property you’re ready to buy, your lender will help you complete a full mortgage loan application, and talk you through the various fees and down payment options. The application is submitted to processing, where the documents are reviewed and appraisals and title examination are ordered. Then the loan is sent to an underwriter, who reviews and approves the entire loan if it meets compliance.

Step 3 - Signing and Finalizing The Deal

Don’t be surprised if you’re asked for additional documentation or clarification throughout the process. Once your loan is approved, don’t forget to set up homeowners insurance. Your documents will be sent to the title company, where you’ll sign for the new home and pay any remaining costs. Then the loan is recorded and you get the keys. Congratulations, happy homeowner!

Need Help With Home Loans? We’re Here To Assist!

Whether you’re a first-time home buyer or looking to buy your dream home, we can help put you in contact with some of the best lenders in the industry. Contact us today for personalized advice from our experienced real estate agents.