The Home Loan Process

1. Pre-qualification/ Pre-approval (Credit Report Run)
2. Formal Loan Application Taken
3. Escrow and Title Ordered
4. Appraisal Ordered
5. Income and Asset Information Verified
6. Complete Loan Package Submitted TO Underwriter
7. Loan Approved
8. Obtain and Forward to Underwriter any additional items that may be required
9. Interest Rate Locked
10. Loan Documents Ordered and Sent To Escrow
11. Loan Documents Signed by Borrower(s)
12. Final Pre-Closing Conditions Sent To Lender
13. Loan Funds Wired to Title
14. Loan and Grant Deed Record, Close of Escrow