The NHL Mortgage Group is a local boutique Texas mortgage lender that focuses on RAVING fan customer service and GREAT mortgage rates!
Shopping Basket
Your Basket is Empty
Quantity:
Subtotal
Taxes
Delivery
Total
Need a mortgage prequalification letter? Call us NOW at 469-363-3298!
Blog
Blog
Understanding the Process
| Posted on 23 October, 2017 at 22:00 |
The mortgage process is complex. There are many pieces that must come together when securing finances to purchase a house: income, insurance, appraisals, inspections, credit scores, to name just a few. Each piece comes together like a jigsaw puzzle to complete a home loan. And, like a puzzle, if just one piece is missing, the entire process is incomplete.
The first step of the mortgage process is completing your loan application. In addition to preliminary disclosures and information about the current interest rate, you’ll be given a list of documents that your mortgage team needs to begin your pre-approval process. Then comes the loan set-up. This is where third-party documentation like your home appraisal and title search is ordered. Before your loan can progress, a loan processor puts everything together to send to underwriting for approval. An underwriter reviews and evaluates all of your documents to determine if it is a good idea to loan you money for a particular house. If something is missing or incomplete, the underwriter will send your application back and you’ll have to work with your loan processor to fix or resolve any issues. Things can be delayed if something has been overlooked or forgotten by your mortgage team.
Once your loan application gets approval from the underwriter, the final loan papers are sent to the title company. The title company prepares a settlement statement that includes the final amount of money needed to close on the house. A good mortgage team will make sure that there are no surprises at closing and that everything falls into place at the right time.
Throughout the mortgage process, things occur sequentially and many of the steps are dependent on the thing before. Your mortgage team acts as a coordinator of each piece to help ensure that everything is falling into place and getting done. If something is missing or incomplete, your mortgage (and therefore your move-in date) can be delayed. It is critical that your mortgage team stay on top of things as your loan progresses. No one wants to have their closing date delayed because of an oversight or paperwork error. Getting a mortgage is a complex process and you can trust the professionals at Team Neal to be reliable and keep you informed about each step of the process.
Categories: Mortgage Approval Process, First Time Homebuyer
Post a Comment
Oops!
The words you entered did not match the given text. Please try again.
6938 Comments
Reply
curry 7
7:01 on 26 March, 2021
Needed to post you that tiny remark to be able to thank you very much as before with the wonderful information you have shown on this website. This is simply shockingly open-handed with people like you to provide easily what exactly most people might have supplied as an e book to make some profit for their own end, specifically now that you might well have tried it in case you decided. The things additionally worked like a easy way to understand that the rest have similar interest really like mine to learn very much more in respect of this problem. I'm sure there are a lot more pleasurable opportunities in the future for those who take a look at your blog post.
curry 7 http://www.curry7shoes.us
curry 7 http://www.curry7shoes.us
Reply
kevin durant shoes
7:01 on 26 March, 2021
I'm also commenting to let you know of the awesome discovery our princess found reading yuor web blog. She figured out a lot of details, with the inclusion of what it is like to possess an excellent helping mood to have most people very easily grasp chosen very confusing matters. You truly did more than people's expectations. I appreciate you for distributing those insightful, healthy, educational not to mention easy thoughts on the topic to Emily.
kevin durant shoes http://www.kevindurant-shoes.us.com
kevin durant shoes http://www.kevindurant-shoes.us.com
Reply
air jordan
7:01 on 26 March, 2021
I needed to send you that bit of observation just to say thanks yet again regarding the splendid guidelines you've featured in this article. It's quite unbelievably generous of people like you to make extensively just what a number of us could possibly have offered for sale for an e book in making some dough for their own end, specifically given that you might well have tried it in the event you wanted. These principles likewise served as a great way to know that other people have a similar dream similar to mine to see much more when it comes to this matter. I am sure there are millions of more fun instances ahead for those who see your site.
air jordan http://www.airjordansstore.com
air jordan http://www.airjordansstore.com
Reply
kd shoes
7:01 on 26 March, 2021
I needed to compose you the little observation in order to say thanks as before for all the nice suggestions you've featured at this time. It is so particularly open-handed of people like you to supply freely just what most people could possibly have marketed for an e book to earn some bucks on their own, principally since you might have tried it in the event you decided. The good ideas additionally acted to become a great way to be sure that many people have the identical dream like my very own to understand somewhat more when considering this issue. Certainly there are many more fun periods ahead for individuals that check out your site.
kd shoes http://www.kevindurantshoes.us.com
kd shoes http://www.kevindurantshoes.us.com
Reply
supreme clothing
7:00 on 26 March, 2021
I simply had to thank you so much once more. I'm not certain the things that I would've implemented without the methods discussed by you relating to such topic. It has been an absolute frightening issue in my circumstances, nevertheless considering a specialised form you handled the issue made me to cry with fulfillment. Extremely thankful for your advice and as well , hope that you find out what an amazing job that you are undertaking educating people through the use of your website. I'm certain you've never come across any of us.
supreme clothing http://www.supremeoutlet.us.com
supreme clothing http://www.supremeoutlet.us.com
Reply
canada goose outlet
6:34 on 26 March, 2021
I wish to express my appreciation to the writer for bailing me out of such a dilemma. After looking throughout the the web and getting strategies which were not helpful, I believed my entire life was done. Being alive minus the strategies to the issues you have sorted out as a result of your good website is a crucial case, as well as the kind that might have adversely affected my entire career if I had not noticed your website. Your own competence and kindness in maneuvering the whole thing was tremendous. I'm not sure what I would have done if I hadn't encountered such a step like this. I'm able to now relish my future. Thank you so much for the expert and results-oriented help. I won't be reluctant to propose the sites to any individual who wants and needs guidance about this subject.
canada goose outlet http://www.canadagooses-outlet.us.com
canada goose outlet http://www.canadagooses-outlet.us.com
Reply
MaryIcent
6:13 on 26 March, 2021
furosemide 500mg azithromycin price in india buy viagra tablet online india order generic lexapro online generic viagra online for sale online pharmacy cialis canada order cialis how to get modafinil in usa online tadalafil us where to buy azithromycin over the counter
Reply
kd shoes
1:33 on 26 March, 2021
My husband and i felt now joyful Albert could complete his web research by way of the precious recommendations he received from your own web page. It's not at all simplistic just to continually be releasing instructions that many people could have been selling. And we also fully understand we now have the writer to appreciate for that. The illustrations you've made, the easy blog navigation, the relationships your site help promote - it's most fantastic, and it is leading our son and us know that this situation is entertaining, and that is extraordinarily vital. Thanks for the whole thing!
kd shoes http://www.kd10.us
kd shoes http://www.kd10.us
Reply
Fbshwrona
23:56 on 25 March, 2021
https://thesisacloud.com/ - what is thesis in writing good thesis research methodology thesis how to write a phd thesis
Reply
longchamp handbags
21:54 on 25 March, 2021
Needed to send you one bit of word to help thank you very much the moment again for these wonderful pointers you have provided here. It is really seriously open-handed with people like you to supply openly precisely what a lot of people would've sold as an e book to earn some bucks for themselves, and in particular considering that you could have done it if you wanted. These good tips likewise acted as a good way to recognize that most people have the identical dream like my personal own to understand more in respect of this problem. I'm sure there are several more pleasant instances in the future for individuals who check out your site.
longchamp handbags http://www.longchampshandbags.us.org
longchamp handbags http://www.longchampshandbags.us.org
Reply
lebron 18
15:48 on 25 March, 2021
My spouse and i felt fortunate Michael managed to carry out his studies out of the ideas he discovered from your own weblog. It's not at all simplistic to just be giving out guides which people today have been trying to sell. We grasp we have the writer to appreciate for this. Those illustrations you've made, the simple site menu, the relationships you will help to promote - it's got everything exceptional, and it's really making our son and our family believe that this topic is thrilling, and that's very vital. Thanks for the whole lot!
lebron 18 http://www.lebron18shoes.us
lebron 18 http://www.lebron18shoes.us
Reply
Brfgvexy
13:54 on 25 March, 2021
https://ljcialishe.com/ - cialis precio https://cialisvja.com/ - cialis reddit https://viagraonlinejc.com/ - mail order viagra https://viagratx.com/ - viagra dosage by weight https://buycialisxz.com/ - cialis free 30 day trial
Reply
kyrie 6 shoes
12:22 on 25 March, 2021
I am also writing to make you be aware of of the useful experience my wife's child had using your webblog. She discovered numerous issues, which included what it's like to possess a marvelous giving heart to let many people effortlessly gain knowledge of specified extremely tough issues. You undoubtedly exceeded readers' expectations. Many thanks for delivering such productive, trustworthy, edifying not to mention unique guidance on that topic to Kate.
kyrie 6 shoes http://www.kyrie-6.com
kyrie 6 shoes http://www.kyrie-6.com
Reply
nike shox for women
12:22 on 25 March, 2021
I as well as my guys were found to be reviewing the nice hints on your web site and then instantly got an awful feeling I had not thanked the site owner for those strategies. These guys came certainly glad to study them and have without a doubt been loving them. Many thanks for indeed being so thoughtful as well as for deciding on this form of wonderful topics millions of individuals are really wanting to know about. Our honest apologies for not saying thanks to sooner.
nike shox for women http://www.nike-shox.us.com
nike shox for women http://www.nike-shox.us.com
Reply
kyrie shoes
12:22 on 25 March, 2021
Thank you a lot for providing individuals with an exceptionally memorable opportunity to read from this website. It is often very lovely plus full of a lot of fun for me and my office co-workers to visit your blog the equivalent of three times in a week to see the fresh items you have got. Not to mention, we are usually motivated with all the terrific creative ideas you serve. Certain 3 points in this article are undoubtedly the finest we've had.
kyrie shoes http://www.kyrieirvingshoes.us.com
kyrie shoes http://www.kyrieirvingshoes.us.com
Reply
yeezy 700
12:21 on 25 March, 2021
I wanted to write you that very small note in order to thank you so much as before considering the splendid concepts you've shown on this page. It is quite wonderfully generous with you to provide unhampered all that a few people would have offered for sale as an ebook to generate some bucks for themselves, especially since you might have tried it in the event you wanted. Those secrets also served to become fantastic way to comprehend most people have a similar dreams just like mine to learn good deal more with respect to this matter. Certainly there are some more pleasurable occasions ahead for people who scan your blog.
yeezy 700 http://www.yeezy700.us.com
yeezy 700 http://www.yeezy700.us.com
Reply
curry 7 shoes
12:21 on 25 March, 2021
I precisely desired to thank you so much once more. I am not sure the things I would have done without those ways provided by you on such a topic. It actually was an absolute terrifying issue for me, however , viewing a new specialized mode you treated the issue made me to leap for contentment. Now i'm grateful for this guidance as well as sincerely hope you know what an amazing job you have been undertaking educating people by way of a site. I am certain you haven't encountered any of us.
curry 7 shoes http://www.curry7.us
curry 7 shoes http://www.curry7.us
Reply
kd shoes
12:21 on 25 March, 2021
I intended to send you that little remark in order to give many thanks once again relating to the awesome solutions you have discussed above. It's certainly surprisingly generous with people like you to make unreservedly just what a lot of people could have supplied as an e-book to help with making some cash for their own end, mostly considering the fact that you might well have tried it if you considered necessary. These tactics in addition worked as the good way to understand that most people have similar desire similar to my personal own to see many more pertaining to this problem. I am certain there are numerous more enjoyable sessions up front for many who looked at your site.
kd shoes http://www.kd10.us
kd shoes http://www.kd10.us
Oops!
Oops, you forgot something.