We prequalify you & review your credit report to ensure we are as accurate and helpful as possible
Your mortgage originator requests all items from you and prepares files for mortgage loan preapproval
Work with your Realtor to find your perfect home
A signed sales contract between you and the seller is provided to the title company and our team
Meet with your mortgage originator to complete and sign your loan application, initial disclosures and intent to proceed
The processor receives and reviews documents. Appraisal, title, insurance, tax certificates and verifications are ordered. You need to order homeowners insurance.
An inspector will inspect the property for structural, electrical and plumbing issues
Once you've recieved your inspection report and have decided to move forward, our team will order an appraisal to determine the value of the home
The processor turns in the completed file to review, to meet investor requirements. This usually takes 48-72 hours.
The underwriter provides a list of closing conditions to us and the processor. We arrange for collection of closing conditions from all parties.
The initial closing disclosure (CD) must be reviewed and received by the borrower at least 3 business days before signing
Typically one day before signing
Borrowers do a final walk through of the property to approve the home's condition prior to signing closing documents
The title company compiles all paperwork and draws up documents to be signed by all parties
Both you and the seller will be required to sign final documents and provide any outstanding documents requested by the closing team
The title company requests funding and recording from the lender. Once that's complete, you take possession!