Step 1 - Application

By clicking on Apply Here, you can fill out a full online loan application for your purchase or refinance. The more information we have up front, the sooner we can help you meet your goals. Please be as thorough as possible in the application.

In addition,  provide  documentation (W-2s, paystubs, tax returns, bank statements, quarterly investment statements such as mutual funds, 401K, IRA, etc.) and submit to your loan officer.

Step 2 - Prequalification

In Arizona, a prequalification is required in order to put an offer on a house. Most realtors will not start the house hunting process without one. A prequalification letter simply states what you qualify for in terms of purchase price and what type of loan you will be getting.

If you are refinancing your current home, your loan officer will need to assess your situation to determine a loan amount that you qualify for and that meets your monthly payment goals.

Income, assets and debts are provided to determine an affordable loan amount/home price.

Step 3 - Processing

Once your home is under contract or you have agreed on the terms of your refinance, your loan officer will order your appraisal (if required), issue title commitment and confirm third-party information. Your loan officer will ask for any additional information/documents needed to process your loan in order to make the transaction as smooth as possible.

Be prepared to provide copies of ID’s (proof of citizenship) and any documentation showing additional income or liabilities.

Step 4 - Underwriting

At this point, your loan has been assigned and submitted to one of our premier lending partners. The lending partner is chosen based on your individual loan criteria and is always chosen with your best interest in mind. Rate, loan costs, and how quickly the loan needs to get done are some of the factors in choosing a lender.

An underwriter will examine the entire file, including all pertinent documents that have been provided to your Loan Officer, as well as the appraisal,  title commitment, etc.

Step 5 - Approved with Conditions

You and your loan officer will get notified that your loan has been approved! Conditions refer to items that still need addressed. You will work with your loan officer to correct these items and collect any additional documentation as determined by the underwriter.

Your loan officer will do everything in his/her power to submit a loan with very few conditions. Once the new conditions have been collected, they will be resubmitted to underwriting.

Step 6 - Final Underwriting

The underwriting team will now review all new documentation and verify that all conditions have been met.

Your loan process is now complete and you are ready to close!

Step 7 - Closing and Funding

Your loan officer and a closer work with the title company and/or real estate attorneys to prepare closing documents. Your loan officer will arrange with you for final funds to be delivered to title and to set a time for you to sign final loan documents!

Once closing documents are signed by you and the seller, the title company is authorized to finalize your transaction and funds are delivered for your loan!

It’s time to get your keys!!!