The Mortgage Process

  1. Loan Application: The loan application process can be done in a face-to-face interview with one of our qualified lenders, or you may fill out an application from our web site and drop off or e-mail the completed form to us. You will need to bring with you to the initial meeting copies of your last two paycheck stubs and W-2 tax forms. If you are self-employed or claim any rental income, also include the last two years of tax returns. See our Mortgage Application Checklist for a list of commonly requested information.

  2. Pre-Approval: The application and supporting documentation, including a credit report, will be sent to our underwriters for pre-approval. At this point, all information will be reviewed to see if you qualify based on our credit and income standards.

  3. Loan Processing: During the loan processing stage, our underwriting staff will order an appraisal and title work for your home. The appraisal company will measure the house and take pictures of the property in order to find comparable homes to determine the value. The title company will visit your local courthouse to check the title to the property to ensure that is clear of any items that may interfere with you obtaining a clean title.

  4. Final Approval: During final approval, an underwriter looks over all the paperwork and loan details and decides whether or not it supports the preliminary approval issued earlier (step 2). If it does, interest rates will then be locked in and a closing meeting will be scheduled.

  5. Closing: After the final approval, your loan is ready for closing. If you are simply refinancing, you will meet with your lender to review and sign all closing documents. If you are purchasing a home, the seller and realtor(s) will also be present. You will receive copies of all documents and be notified of your first payment due date.

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