The Four Steps of the Loan Process:The Loan Mortgage Process: Four Steps

There is no question that getting a mortgage loan is a complex process. You wouldn't be visiting our website if it were possible to complete a one-page application and get an excellent loan check cut the same day. But CHASE MORTGAGE, Inc. #317430 does the heavy lifting so you can concentrate on your life rather than the mortgage loan.

There are four primary steps involved in obtaining a mortgage loan.

Step one: Decide on your maximum loan amount

A couple of factors determine this amount. What kind of monthly payment are you looking for? And given your unique credit and employment history, income and debt, and goals, how much will a lender loan you? Use the calculators on our website to determine your monthly payment amount. And we can guide you to the right loan amount and best program for you when you answer a few quewstions. Based on standard lender guidelines, we'll get you a good idea of what kind of terms and loan program you can expect to benefit most from.

Step two: pre-qualify for your loan

This is where the rubber meets the road and CHASE MORTGAGE, Inc. #317430 can really save you money. You will supply details about your employment, assets, and your residence history. You'll supply information on your employment, asset, and residence history. We will pull get your credit report and score (only after you give your permission, of course). After we've reviewed your information, we'll provide a pre-qualificaiton letter. Be careful with this letter — it is a great tool for buying your new home! Your real estate agent will use your pre-qual (as they may call it) in order to make the best offer on the home you choose. While you're shopping for a new home with your real estate agent, we find the best program for you.

Step three: apply now! We make it easy

After you've signed the offer and the sellers accept it, it's time to apply for the loan. It couldn't be easier, and you can do it online, right here on our site. After the offer has been accepted and you have applied for your loan, we'll order the professional appraisal on the home.

Step four: your loan is funded

Your real estate agent and the seller's will work together to find a title company to take care of the funding of your loan once it has been approved. We'll coordinate with this company to make sure all the papers your lender needs are in order, and you will probably}likely sign everything at their officeWe do all the work to work with with the title company on your date to close. Since you won't have to worry about these details, you get to think about the move, paint colors, carpet, and the fun parts of getting your new home.

You've answered some few questions, given us detailed information, applied online, and Before you know it, you're moving in! CHASE MORTGAGE, Inc. #317430 is in the business of mortgage loans; you're not — so we take care of the details. Doesn't that make sense?

Have questions about the loan process? Call CHASE MORTGAGE, Inc. #317430 at 4357556622. CHASE MORTGAGE, Inc. #317430 answers loan process questions every day.