First Time Home Buyer – The Loan Process
Buying a new home will likely be one of the most expensive purchases you ever make. For this reason, it is wise to learn a little bit about how the mortgage qualifying process works. For your convenience, we have broken down the process into four simple steps.
Here are four easy steps to getting a new mortgage:
Step 1: Apply
Our online application will take approximately 5 minutes to complete. Please try to complete it as accurately as possible, as this will help us place your loan with the best lender and at an excellent rate.
Step 2: Processing
Your Mortgage Agent will then be in touch to review your application and discuss your specific needs before getting you approved for your mortgage financing.
Step 3: Acceptance
When your loan is approved, your Mortgage Agent will send you your approval and a list of required documents. The approval must be signed and returned along with any other required documents.
Step 4: Funding
Once your loan is complete you will need to meet with your lawyer to finalize and register your loan.