Our Home Loan Process
What Should You Expect: From Start to Finish.
Pre-Escrow
1. Introduction
Introductory text or e-mail, followed by an intro e-mail with a link to schedule a consultation.
2. Appointment Set
You will receive a copy of the Calendy appointment to inform you of contact made with the client.
3. Document Request
You will be BCC’d on a Document Request e-mail so that you know the call went well and that the client wants to get Pre-Approved.
4. Qualification
Once docs are received- you will receive an e-mail stating that the loan was moved to Qualification Status.
5. Pre-Approved
You will be CC”d on a Pre-Approval e-mail with the amount the client applied for. A follow up call will happen with a summary of qualification and potential complications.
Escrow
6. Loan Setup
Once offer is accepted, the file will move into Setup. This means Title, Insurance, Appraisals are ordered and Disclosures are sent.
7. Loan Submitted
The file is submitted to Underwriting.
8. Loan Approved
The Underwriter has Approved the file.
9. Clear to Close
All conditions have been cleared.
10. Docs Out
Loan docs are at Escrow for Signing.
11. Loan Funded
The lenders funds have been sent to Escrow.