Mortgage Knowledge

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THE MORTGAGE PROCESS

Step 1:You meet with (or talk to) a loan officer to fill out a loan application, and to discuss your mortgage options. You provide the required documents listed below. Your loan officer will then order a credit report and provide you with a pre-approval letter.

Step 2: Once you have an accepted offer, your application is processed with the documents you’ve provided. Your lender will then order the title work and the appraisal.

Step 3: Your completed title work and appraisal are added to the documents received in Steps 1 & 2. Your information is then sent to the underwriting department. Here, your application will be approved or additional information will be requested by your lender.

Step 4: Upon approval, your information is forwarded to the closing department. Your documents and instructions for the closing department are prepared and then sent to the title company.

Step 5: Your closing takes place on the (scheduled) date agreed upon by all parties. Your final documents are signed and the required funds are then disbursed.

REQUIRED DOCUMENTATION:

  • Last two years of tax returns
  • Last two years of W-2s
  • Most recent month’s pay stubs
  • Most recent bank statements for all accounts
  • Social Security number

Our Team’s Preferred Mortgage Professionals:

Homes Mortgages with John Roehrich

www.homesmortgage.net/

-or-

AMEC Home Loans with Reyna Rousseau

www.reynarousseau.amec.com