Step 1: Getting Organized
The first step in the mortgage process is determining what you're looking for. What is your price range? How much are you comfortable paying per month? We provide all of the tools and resources you need to get started. If you're unsure of your options, our experienced staff is available to help you begin.

Step 2: Pre-Approval
There are several reasons to consider getting pre-approval before beginning your search for the perfect home. Pre-approval helps determine your capacity for financing, and gives you a better idea of how much home you should be looking for. You'll also have more credibility to homeowners looking to sell their property. Being pre-approved allows you to concentrate on the search for your dream home.

Step 3: Application
An application and minimal credit report fee is required to obtain a formal loan approval. If you've been pre-approved, chances are you've already provided most of the information needed. In addition to a completed formal application, you'll generally need to provide copies of recent pay stubs, W2s, and bank statements to verify your income and your assets. Our loan processors are available to help you choose the right loan product for your situation and guide you through the process. Click here to apply now.

Step 4: Rate Lock
A rate lock is a commitment from the lender that guarantees a specific interest rate, as long as the loan is closed within a set period of time. Locking your interest rate protects you if mortgage rates go up in the future. Once you've submitted an application, your loan processor will discuss the available rate lock options for your particular type of loan.

Step 5: Underwriting
Underwriting is the process of examining your credit history, housing and debt-to-income ratios, ability to repay a mortgage, and the property you're planning to purchase or refinance. This evaluation helps determine your lender's decision regarding the loan you're applying for. The underwriter ultimately sets the terms and conditions that must be met prior to and/or at closing.

Step 6: Closing
The final step in the mortgage process is the loan closing. Your closing date will most likely be specified in the purchase agreement between you and the seller. The closing will take place at the office of an attorney, title company, or escrow company who is familiar with any liens, legal claims, or lawsuits involving the property in question. A settlement agent who represents the lender will be at the closing to review the numerous documents and disclosures that are to be signed and to answer any questions that you may have. After all of the paperwork is in order, the funds are exchanged and the loan is disbursed.