The term pre-qualification merely means a lender's preliminary assessment of a buyers ability to pay for a home and an estimate of how much the buyer may borrow. That is where our specialists come in. They will get to know you and your needs and help select a product that is right for you. We call this the team work approach.

The beginning of the loan process. A mortgage application is taken by one of our loan officers. Various fees are discussed and the borrower will receive a good faith estimate and a truth-in-lending statement within 3 days.

The processor reviews credit reports, verifies the borrowers debts and payment histories. The processor also reviews the appraisal and survey. The processors job is to package all the information so the underwriter can underwrite the loan.

The lender will fund the loan with a bank draft, cashiers check or bank wire in exchange for the title of the property. This is when you buy the house.