Home Purchase Process
What Is My First Step?
The first step in shopping for a home is getting pre-approved for your mortgage. This will help determine your budget, figure out approximate costs, and set up a plan to get you to the closing table. Apply now to get the process started.
Am I Qualified?
To determine if you qualify, lenders review your total monthly debt (proposed housing payment + regular monthly debt) as a percentage of your total gross monthly income. The acceptable percentage (DTI) will vary depending upon the specific loan program for which you apply. Apply now to determine your options.
The Process After Pre-approval
Once you have applied and been approved for a loan, you will have a pre-approval letter to provide to your real estate agent or seller. That pre-approval letter is key in getting an offer accepted. Once you have an offer accepted on a property you will move forward on the loan and work closely with your loan officer to insure a quick and accurate closing.
What If I Still Have Questions?
Call your loan officer today if you have any questions about the process or experience.