Funding Your Home Purchase

Funding Your Home Purchase

Please contact Bobby to schedule a time to discuss the mortgage and loan process.

Why pre-qualify?

  • We recommend our buyers get pre-qualified before beginning their home search.

  • Knowing exactly how much you can comfortably spend on a home reduces the potential frustration of looking at homes beyond your means.

1. Financial pre-qualification or pre-approval

  • Complete Application

  • Buyer provides pertinent documentation including verification of employment

  • Credit report is requested

2. Underwriting

  • Loan package is submitted to underwriter for approval

3. Loan approval

  • Parties are notified of approval

  • Loan documents are completed and sent to title

4. Title company

  • Title exam, insurance and title survey conducted

  • Borrowers come in for final signatures

5. Funding

  • Lender reviews the loan package

  • Funds are transferred by wire