This step gives you the early notice of being qualified for a loan and allows you to shop with confidence in what you are able to purchase. You should speak with one of our preferred lenders in order to receive a pre-qualification.

#2 - Applying For

LOAN

You will speak with one of our preferred lenders to apply for a loan. They will gather all necessary information from you and your mortgage application will be complete.

#3 - Submitting

PAPERWORK

You will be required to submit some paperwork in order to move the mortgage process along. You will submit additional paperwork with the application that may include 2 years of W2s, 2 months of bank statements, and 1 month of pay stubs. Depending on the type of financing you are attempting to obtain, additional paperwork may be requested.

#4 - Have The Home

APPRAISED

Most mortgage lenders require that an appraisal is done on the home in order to get financing. While the home is under construction an appraiser will come out to complete their appraisal.

#5 - Secure Home Owners

INSURANCE

Most lenders require home insurance that covers fire and hazards. If your new home is located within a flood zone, you will also be required to obtain flood insurance. If you do not have an insurance agent we can recommend one to you.

#6 - Loan

PROCESSING

With all your information and documentation, your loan will be sent to the processing department for review and approval. The processor will review all information and see if any additional documentation is needed.

#7

UNDERWRITING

An underwriter will look over your loan application from start to finish. Once finished, they will see if any additional information is required and make a decision to approve your loan.