Blogs Tagged: loan submission

Getting a Loan - Step 7: Closing

Posted On: Thursday, February 9, 2012 - 5:47am | Posted By: dianehourany
Topics: Buyers and Sellers

Yes! Your loan for your new home has been approved, the loan documents have been drawn and sent to the title company for you to sign. Once you've signed all the documents, the next and final step is the closing.

Getting a Loan – Step 6: Documents Are Drawn

Posted On: Wednesday, February 8, 2012 - 5:46am | Posted By: dianehourany
Topics: Buyers and Sellers

You've made an offer that has been accepted by the seller, your mortgage broker has sent in your loan package and the lender has not only approved you but the home you're buying. They've agreed to give you the money!

What's next?

Getting a loan - Step 5: Loan Approval

Posted On: Monday, February 6, 2012 - 5:31am | Posted By: dianehourany
Topics: Buyers and Sellers

Your offer on your dream home has been accepted and the loan application is in process. Now you're waiting for the final loan approval.

Getting a Loan - Step 4: Loan Submission

Posted On: Friday, February 3, 2012 - 5:32pm | Posted By: dianehourany
Topics: Buyers and Sellers

Your loan for your dream home is in process: you've submitted all your paperwork, the mortgage broker has ordered your credit report and the preliminary title report on the property, as well as an appraisal. The next step is for your mortgage broker to submit all of this documentation to the lender.

Getting a Loan - Step 3: Awaiting the Documentation

Posted On: Thursday, February 2, 2012 - 4:35am | Posted By: dianehourany
Topics: Buyers and Sellers

Your offer has been accepted for your dream home and your mortgage broker has begun the process of getting loan approval for you. He's ordered the documentation the bank requires.

Now we're Awaiting Documentation.