1. The first step- find a lender you can trust

In the home buying process you need to find an experienced lender at the same time you find a REALTOR. You begin the mortgage process at the same time you begin looking. So you know the value of the home you can qualify to purchase. Judy Alvarez, REALTOR can recommend a trusted, qualified lender. 

2. The next step – processing your loan application

The lender begins processing your loan application, ordering credit reports, and performing verifications. This is the pre-qualification phase. Therefore, when you go looking for your dream home, you know home much you can spend for it. 

3. Final lender pre-approval and the search is on!

When you have a final lender pre-approval, you can seriously concentrate on finding a home that you know you qualify to purchase immediately. 

4. Under contract – title, appraisal work begins

Now that you have a home under contract the lender processes the necessary paperwork. The Customer Service

Manager orders appraisal of the property, secures an attorney, and begins the searches and processing. 

5. Underwriting

When your application is completed and verified, the file goes to the Underwriting Department for final approval. 

6. Getting the keys to your new home – Now it is yours