During this first consult, we will discuss your financial information to evaluate your credit, income and assets. At this point everything will be done verbally (meaning no documents will be required yet) unless you are self-employed or have multiple investment homes. Based on this information, we can pre-approve you for a home loan and start discussing options.

Once you find a home and are under contract, an application will be sent to you for signatures. You will also need to provide documentation that supports your pre-approval information such as:

• Paystubs or Retirement Awards Letter(s)
• W-2ʼs and/or 1099ʼs
• Bank Statements and/or Retirement Statements
• Photo ID
• Documents on other homes owned, etc.

Congratulations! This approval means the underwriter has reviewed your loan file and documents and has issued a commitment letter. In most cases, once you receive this document, the builder will start to construct your home. This is also called a conditional loan approval because there are always conditions to the loan we must meet before closing. We will gather some of these items at this time, and some will be gathered closer to closing. Some examples of documents that may be required at this time:

• Bank statements showing your earnest money deposit checks to the builder have cleared
• Providing the source of any large deposits or transfers from your bank statements

This document will be the initial collaboration with your title company or attorney before closing and will show your interest rate, closing costs and your total cash needed for closing.
This is REQUIRED to be acknowledged and signed 3 business days prior to closing by law.

Once the builder has fully completed your new home, we will order a final inspection to your appraisal. This is done to confirm that the home was completed to the specifications that were given value when your home was appraised. This usually occurs just a few days prior to closing.

Sign the final mortgage documents and get the keys to your new home!