Demystifying Home Loans
For starters, don’t let the home loan process overwhelm you. Discussing possible options and pointing you in the right direction is one more service I’m happy to provide as your chosen agent. It’s always a good idea to shop around when it comes to mortgages and loans, but I’m here to guide you along the way!
Questions about where to go initially? No problem! With my network of professionals, we can work together to find the right lender for you in Auburn, Opelika, Phenix City and surrounding areas.
Get Pre-Approval
For starters, don’t let the home loan process overwhelm you. Discussing possible options and pointing you in the right direction is one more service I’m happy to provide as your chosen agent. It’s always a good idea to shop around when it comes to mortgages and loans, but I’m here to guide you along the way!
Questions about where to go initially? No problem! With my network of professionals, we can work together to find the right lender for you in Auburn, Opelika, Phenix City and surrounding areas.
I Can Help You Connect with Lenders
While working as a Realtor, and in my previous role in a law firm working full-time with closings, I’ve had the privilege of working with many of Auburn, Opelika, Phenix City, and the surrounding areas’ best mortgage lenders.
I’m happy to provide a list of loan officers who can help you get the best rates on the right product for you, whether you’re interested in a traditional 30-year fixed mortgage, FHA, USDA, or any other loan type. Connect with me today for more information!
Application & Processing
Once you’ve chosen a lender, gotten pre-approval, and selected the property you want to buy, your lender will guide you through the process of completing a full mortgage application. The application is submitted to the lender’s processing team, who review the documents you submitted along with your credit report. An appraisal is typically ordered for the home.
The loan is then sent to your lender’s underwriters, who review and approve the entire loan if it meets and complies with standards. You may be asked for additional documents or clarification during the loan process – this is normal, and not cause for concern.
Closing: Finalizing the Deal
Once your mortgage is approved, sign up for homeowner’s insurance – your lender will probably require this. Documents for your mortgage, the property deed if applicable, and the contract to finalize purchase of your new home will be sent to the title company or title attorney’s office. There, you’ll sign for your new home and pay any remaining costs.
Your mortgage is recorded, and you get the keys. Congratulations, new homeowner – the process is complete!
