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
bape
7:51 on 17 March, 2021
I precisely had to thank you so much again. I'm not certain what I would have handled without the tips documented by you concerning that subject. It truly was the difficult condition in my opinion, nevertheless taking note of the well-written style you managed it took me to weep over delight. I will be grateful for this support and in addition pray you know what a great job you have been accomplishing training men and women via your webpage. More than likely you have never met all of us.
bape http://www.bathing-ape.us
bape http://www.bathing-ape.us
Reply
golden goose sneakers
7:51 on 17 March, 2021
Thank you so much for providing individuals with an exceptionally memorable opportunity to read in detail from this web site. It really is very ideal and also stuffed with a good time for me and my office peers to search your site at the least thrice in a week to find out the fresh stuff you have. And lastly, I am also certainly amazed with your spectacular ideas you give. Selected two ideas in this posting are really the most impressive I have had.
golden goose sneakers http://www.goldengoose-sneakers.us
golden goose sneakers http://www.goldengoose-sneakers.us
Reply
golden goose
7:50 on 17 March, 2021
I simply wanted to appreciate you once more. I do not know the things that I would've created in the absence of the actual thoughts revealed by you on such a problem. It had become the challenging scenario for me personally, but seeing the specialised style you handled it made me to weep with contentment. I am grateful for the help and thus believe you really know what an amazing job that you're undertaking teaching men and women with the aid of a blog. I am certain you haven't encountered any of us.
golden goose http://www.goldengooseofficial.com
golden goose http://www.goldengooseofficial.com
Reply
calvin klein underwear
7:50 on 17 March, 2021
A lot of thanks for your own labor on this blog. My aunt loves managing investigation and it's really simple to grasp why. Almost all learn all of the powerful form you create worthwhile tips and hints via your web site and as well as cause response from some other people about this situation while our favorite girl is in fact starting to learn a whole lot. Enjoy the remaining portion of the new year. Your performing a powerful job.
calvin klein underwear http://www.calvinkleinoutlet.us.com
calvin klein underwear http://www.calvinkleinoutlet.us.com
Reply
bape outlet
7:50 on 17 March, 2021
Thanks a lot for providing individuals with a very remarkable possiblity to read in detail from this site. It can be very excellent and also packed with fun for me personally and my office mates to visit your site no less than 3 times every week to read the new guidance you have got. And of course, we're always fulfilled for the mind-blowing tactics you serve. Selected 3 facts in this article are surely the simplest I have had.
bape outlet http://www.bapesonline.com
bape outlet http://www.bapesonline.com
Reply
jordans
7:50 on 17 March, 2021
I simply had to appreciate you once again. I do not know the things that I might have done without the actual advice revealed by you concerning this subject matter. It had become a real fearsome concern in my position, nevertheless spending time with the expert form you handled the issue forced me to weep over happiness. Extremely happy for this service and believe you recognize what a powerful job that you are carrying out training men and women with the aid of your website. I am certain you've never encountered all of us.
jordans http://www.jordansshoes.us.org
jordans http://www.jordansshoes.us.org
Reply
bape clothing
7:50 on 17 March, 2021
I would like to show my appreciation to you just for bailing me out of this particular trouble. Just after surfing around through the world-wide-web and meeting ways that were not productive, I thought my entire life was over. Existing devoid of the strategies to the problems you have resolved all through this blog post is a serious case, and those that could have in a negative way damaged my career if I had not discovered the blog. Your expertise and kindness in maneuvering everything was excellent. I'm not sure what I would have done if I hadn't come across such a step like this. I can at this moment relish my future. Thanks so much for your expert and amazing guide. I won't be reluctant to suggest your blog post to any person who would like assistance on this subject.
bape clothing http://www.bape-clothing.us
bape clothing http://www.bape-clothing.us
Reply
golden goose outlet
7:50 on 17 March, 2021
I am just commenting to make you know what a useful discovery my girl developed reading your webblog. She came to find so many pieces, not to mention how it is like to have a marvelous teaching character to make a number of people really easily grasp a number of grueling issues. You actually surpassed people's expected results. Thanks for displaying the practical, trustworthy, explanatory not to mention easy tips on your topic to Sandra.
golden goose outlet http://www.goldengooses.us
golden goose outlet http://www.goldengooses.us
Reply
kevin durant shoes
7:50 on 17 March, 2021
Needed to post you this very little note just to thank you over again for your striking secrets you've shared above. It has been simply open-handed of people like you to offer without restraint what exactly a lot of folks could possibly have advertised as an e book to help make some dough on their own, notably since you could possibly have tried it if you desired. These smart ideas as well served like a easy way to know that other people have the identical dream really like my personal own to realize much more in regard to this matter. I know there are millions of more fun sessions ahead for individuals that start reading your website.
kevin durant shoes http://www.kd10.us
kevin durant shoes http://www.kd10.us
Reply
off white jordan 1
7:49 on 17 March, 2021
I simply wished to thank you very much yet again. I do not know the things that I would have created in the absence of the secrets contributed by you over such problem. It previously was an absolute troublesome matter for me personally, nevertheless taking note of your professional fashion you dealt with it took me to cry over contentment. Now i'm happy for your work and thus have high hopes you comprehend what a great job you are always carrying out educating the others through the use of your web site. Most probably you haven't come across any of us.
off white jordan 1 http://www.offwhitexjordan1.com
off white jordan 1 http://www.offwhitexjordan1.com
Reply
golden goose sneakers
2:33 on 17 March, 2021
My husband and i have been joyous when Louis managed to deal with his web research because of the ideas he came across from your own weblog. It is now and again perplexing to just be handing out solutions which usually men and women have been trying to sell. So we know we've got the writer to appreciate because of that. The entire explanations you've made, the straightforward web site navigation, the friendships you can make it possible to engender - it's got all extraordinary, and it's really aiding our son and us believe that that subject is satisfying, and that's tremendously vital. Thanks for all the pieces!
golden goose sneakers http://www.goldengoose-sneakers.us
golden goose sneakers http://www.goldengoose-sneakers.us
Reply
PaulIcent
23:15 on 16 March, 2021
viagra online buy india buy ivermectin stromectol cheapest tadalafil prices lasix water pill cialis for sale india
Reply
CarlIcent
21:31 on 16 March, 2021
zyban 150 mg cost benicar online no prescription buy cialis without presc where to buy generic cialis online how much is viagra generic
Reply
bape hoodie
17:36 on 16 March, 2021
I am just writing to let you know of the useful discovery our princess developed viewing your blog. She even learned lots of details, which included what it's like to have an ideal giving mindset to make many more without hassle thoroughly grasp selected specialized subject matter. You actually surpassed my expected results. Thank you for showing these essential, healthy, edifying and in addition easy tips on this topic to Tanya.
bape hoodie http://www.bapehoodie.us
bape hoodie http://www.bapehoodie.us
Reply
balenciaga
17:36 on 16 March, 2021
I simply needed to say thanks yet again. I am not sure the things I would have sorted out without the actual recommendations provided by you about that question. It had been a real frightening dilemma for me, nevertheless seeing a new expert approach you handled the issue took me to jump over fulfillment. Now i am thankful for this advice and expect you really know what a powerful job you happen to be accomplishing teaching many people through the use of your websites. More than likely you haven't come across any of us.
balenciaga http://www.balenciagasus.com
balenciaga http://www.balenciagasus.com
Reply
yeezy
17:35 on 16 March, 2021
I would like to express my passion for your kindness in support of those people who really need guidance on this important issue. Your special dedication to passing the message along became extraordinarily powerful and have usually permitted those just like me to realize their desired goals. This warm and friendly guideline means so much a person like me and especially to my colleagues. Regards; from all of us.
yeezy http://www.yeezyadidas.us
yeezy http://www.yeezyadidas.us
Reply
curry 7
17:34 on 16 March, 2021
I definitely wanted to compose a message to say thanks to you for some of the great points you are posting at this site. My time intensive internet research has now been honored with wonderful details to talk about with my family. I 'd believe that we readers actually are very much fortunate to exist in a great site with many special professionals with very beneficial methods. I feel rather grateful to have used the webpage and look forward to tons of more entertaining minutes reading here. Thanks again for a lot of things.
curry 7 http://www.curry7shoes.us
curry 7 http://www.curry7shoes.us
Reply
moncler coat
16:02 on 16 March, 2021
Needed to post you this bit of remark to help give thanks once again for your personal extraordinary concepts you have provided here. This has been really particularly generous with people like you to offer without restraint just what many people might have offered for an ebook to make some dough for themselves, precisely considering the fact that you might well have done it in case you wanted. Those ideas as well served to be a easy way to be certain that many people have similar passion like mine to learn a good deal more when it comes to this condition. I'm certain there are lots of more pleasant sessions in the future for people who take a look at your blog.
moncler coat http://www.monclercoat.us.com
moncler coat http://www.monclercoat.us.com
Oops!
Oops, you forgot something.