Process
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Prequalification
Following an initial conversation, you will know how much money you want to borrow, what your monthly payments will be, and you will receive an analysis of loan options and loan costs over time (with your tax benefits estimated on owner-occupied properties). We do not pull your credit report at this stage.
PreApproval
We take your loan application in person, online or over the phone and review your credit. You sign and return the completed loan application with signed disclosures and the financial documentation requested. We confirm your ability to borrow money, and you choose a tentative loan program. Based on my preapproval, you are now ready to start shopping for you home, knowing that you are qualified to purchase your home.
House Hunting
You and your Realtor shop for your new home, and write and negotiate offers. Additionally, I am available for you thoughout this process to modify and adjust your loan paramaters to make sure that you feel comfortable with your offer. When you do choose to make your offer, I will work with your agent to prent the offer and reinforce your strength as a buyer.
Escrow Period
Once your offer is accepted, we order an appraisal of the new home, confirm the loan program(s), lock your rate, and obtain final loan approval. Meanwhile, you and your Realtor conduct inspections and lift contingencies. Loan papers are then perepared and delivered to escrow for you to sign.
Close of Escrow
Your loan is funded, the deeds are recorded and the keys are given over to the new homeowner—you!