Getting pre-approved is your first step toward homeownership and puts you in the driver's seat. Before you fall in love with a home you can't afford, let us determine exactly how much you can borrow based on your income, credit score, and financial profile.

Why Our Pre-Approval is Different: By answering a few simple questions, we'll calculate your true buying power using standard lender guidelines. But here's what sets us apart - ask me how our pre-approval process gives you a competitive edge that others don't offer. You'll be in a much stronger position when negotiating with sellers.

What We Evaluate During Pre-Approval:

💰 Income & Employment Verification We confirm your income is sufficient to cover monthly mortgage payments using industry-standard debt-to-income guidelines.

📊 Credit Analysis We review your credit report to assess your ability to repay debts on time. We'll examine your payment history and help you understand any issues that need explanation.

💳 Asset Review We verify you have adequate funds for your down payment and closing costs, ensuring a smooth transaction from start to finish.

Once you are pre-approved for a loan, you can start house hunting with confidence, knowing how much you can afford. It is important to work with a real estate agent who can help you find properties that fit your budget and preferences.

After you have found a property you want to purchase, you will need to submit a formal loan application to the lender. This will involve providing additional financial documentation, such as pay stubs, bank statements, and tax returns. There are also several fees associated with obtaining a mortgage and transferring property ownership which you will be expected to pay at closing. Bring a cashiers check for the down payment and closing costs if required. Personal checks are normally not accepted. You also will need to show your homeowner's insurance policy, and any other requirements such as flood insurance, plus proof of payment.

Once your loan application is submitted, the lender will begin processing your loan. This involves verifying your financial information, ordering an appraisal of the property, and conducting a thorough review of your credit history. Once your loan application has been received we will start the loan approval process immediately. Your loan processor will verify all of the information you have given. If any discrepancies are found, either the processor or your loan officer will troubleshoot to straighten them out.

The underwriting process involves a detailed review of your loan application to determine if you meet the lender's guidelines for approval. This may involve additional documentation or clarification of certain financial aspects. Although lenders conform to standards set by government agencies, loan approval guidelines vary depending on the terms of each loan. In general, approval is based on two factors: your ability and willingness to repay the loan and the value of the property.

Is there sufficient value in the property? The property is appraised to determine market value. Location and zoning play a part in the evaluation.

If your loan application is approved, you will receive a loan commitment letter outlining the terms and conditions of the loan. This is a crucial step in the mortgage loan process as it signifies that you are one step closer to closing on your new home.

The closing is where you'll sign all necessary documents to complete your property purchase and pay closing costs plus your down payment.

Once your loan is approved, carefully review all final loan documents before signing. Verify that the interest rate, loan terms, and your personal information are accurate and match what was promised. The signing typically takes place with a notary public present.

Your loan will normally close shortly after you have signed the loan documents. However, for owner-occupied refinance loan transactions, federal law requires that you have 3 days to review the documents before your loan transaction can close.