The Loan Process: an Overview
No doubt, a lot to do in oder to get a mortgage. You would not be looking up loan information if you could get a mortgage loan in one day by filling out a simple application. But CHASE MORTGAGE, Inc. #317430 does the heavy lifting so you can concentrate on your life rather than the mortgage loan.
Getting a loan involves four major milestones.
Step one: Decide how much you can afford
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? You can get a good idea of your preferred payment abount using the calculators on our website. We'll also help you through different scenarios by asking a few simple questions. 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 process really begins and CHASE MORTGAGE, Inc. #317430 can really save you money. You will give us details on your employment, your assets, and residence history. You'll supply information on your employment, asset, and residence history. We get your permission to run your credit score and report. After we've finished reviewing this information, we'll provide you with a pre-qualificaiton letter. With this letter, your REALTOR® will negotiate the best deal for your new home. The pre-qual letter gives you buying clout! While you're shopping for your new house with your real estate agent, we find the best program for you.
Once you have made an offer and the sellers have accepted, it's time to apply for the loan. Applying for a loan could not get much easier; you can apply any time right here on our site. Finally, we will order an appraisal of your new home.
Step four: your loan is funded
Your real estate agent and the seller's will work together to find a title company to handle the funding of your loan. We'll work with this company to make sure all the papers your lender requires are in order, and you will probably}likely sign all these papers at their officeWe coordinate with the title company to set your closing date. Since you won't have to worry about these details, you get to concentrate on moving logistics, painting, new carpet, and all the details of moving into a new home.
You've answered a few questions, given us detailed information, applied , and Before you know it, you're moving in! CHASE MORTGAGE, Inc. #317430 is in the business of loans; you're not — so take care of the details. Doesn't that make sense?
Have questions about the loan process? Call CHASE MORTGAGE, Inc. #317430 at 4357556622. It's our job to answer lending questions, so we're happy to help!