faq
The most common home loan and mortgage questions
Frequently Asked Questions
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What’s the overall mortgage process?
- Needs - Borrower discusses their situation and needs
- Options - Mortgage Advisor provides various mortgage options
- Application - Borrower completes a loan application
- Assessment - Mortgage Advisor conducts a complete assessment of the borrower’s application and situation
- Paperwork - Disclosures sent to the borrower(s)
- Underwriting - Full loan application submitted to underwriting
- Conditions - Underwriter provides any conditions that must be worked through to clear the application
- Clear to Close - Schedule for Closing
- Settlement - Close the loan