The Home Loan Process
Your home is likely the biggest financial investment you will make. So it’s a smart move to invest some time learning more about the financing basics of homebuying and homeownership.
01. Loan Application
Borrower can apply on-line or meet with a Loan Officer face to face, or communicate through email, phone or fax. Customize loan products to meet individual needs. Maintain communication throughout the loan process to closing.
02. Loan Setup
1. Order residential appraisal.
2. Send required disclosures to client.
3. Send verification to applicable entities.
03. Loan Processing
The processor is your contact during all processing and compiling of information for loan submission. Email all information for loan processing to your processor.
04. Underwriting
Evaluation of credit and property in determining adherence to Supreme Lending guidelines.
05. Closing
- Supreme Lending sends prepared docs to the title company.
- Supreme Lending prepares Closing Disclosure, then provides final closing figures.
- Loan Officer will send prepared Closing Disclosure for borrower signature 3 days prior to closing.
06. Post-Closing
Please feel free to call us for any assistance you may need after closing. Thank you for the opportunity to serve your mortgage needs.
Ready to Get Pre-Qualified?
A mortgage pre-qualification lets you find out what loans you qualify for, so you can make better decisions and find the right home for you.