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.
6939 Comments
Reply
jordan shoes
12:38 on 7 January, 2021
Thank you for all your valuable hard work on this website. Kate really likes carrying out investigation and it's really obvious why. I hear all relating to the powerful medium you provide very important suggestions on the website and boost participation from others about this subject matter so our princess has always been starting to learn so much. Have fun with the remaining portion of the year. You're doing a useful job.
jordan shoes http://www.shoesjordan.us.com
jordan shoes http://www.shoesjordan.us.com
Reply
CarlIcent
5:15 on 7 January, 2021
cialis generic cost canadian pharmacy viagra mastercard cialis 2019 viagra pills generic brand prescription viagra
Reply
yeezy supply
1:05 on 7 January, 2021
I wish to express some appreciation to the writer for bailing me out of this type of dilemma. As a result of checking throughout the the net and coming across ways which are not productive, I believed my entire life was done. Living without the strategies to the difficulties you've solved by means of your good blog post is a serious case, as well as those that would have negatively damaged my entire career if I had not encountered your blog post. Your good understanding and kindness in touching all the details was excellent. I'm not sure what I would've done if I had not encountered such a stuff like this. I can also now look forward to my future. Thank you so much for your expert and result oriented help. I will not think twice to propose your site to anyone who desires direction on this matter.
yeezy supply http://www.adidasyeezysupply.com
yeezy supply http://www.adidasyeezysupply.com
Reply
supreme clothing
1:05 on 7 January, 2021
I simply wanted to type a quick remark so as to appreciate you for the amazing points you are giving out on this site. My particularly long internet lookup has now been recognized with really good tips to share with my partners. I would tell you that many of us visitors actually are really lucky to exist in a wonderful community with many wonderful professionals with insightful principles. I feel very blessed to have seen the webpage and look forward to really more amazing minutes reading here. Thank you once again for everything.
supreme clothing http://www.supremes-clothing.com
supreme clothing http://www.supremes-clothing.com
Reply
yeezy boost 350
1:05 on 7 January, 2021
Thanks for your own labor on this web page. My mother takes pleasure in getting into investigation and it's easy to understand why. A number of us learn all of the dynamic way you provide important techniques through this web blog and in addition improve participation from other individuals on the topic plus our own girl is in fact starting to learn a whole lot. Have fun with the remaining portion of the year. You are always conducting a great job.
yeezy boost 350 http://www.yeezy350boost.us.com
yeezy boost 350 http://www.yeezy350boost.us.com
Reply
moncler
1:05 on 7 January, 2021
A lot of thanks for your entire hard work on this website. My mother really loves setting aside time for internet research and it's easy to see why. A lot of people know all about the powerful way you give invaluable information through your web blog and in addition strongly encourage participation from visitors on that matter while our own princess is certainly becoming educated a great deal. Enjoy the rest of the new year. Your conducting a very good job.
moncler http://www.monclerjackets.us
moncler http://www.monclerjackets.us
Reply
yeezy shoes
1:05 on 7 January, 2021
I wanted to send you a bit of note to say thanks a lot the moment again for your gorgeous knowledge you have documented in this case. It was so particularly open-handed of you to supply freely exactly what some people would have supplied for an e book to end up making some money for their own end, especially seeing that you could possibly have tried it if you ever decided. Those advice as well acted like the good way to understand that the rest have the identical eagerness similar to my personal own to know a good deal more when it comes to this problem. I believe there are some more fun sessions ahead for many who examine your blog post.
yeezy shoes http://www.yeezyshoes.in.net
yeezy shoes http://www.yeezyshoes.in.net
Reply
air jordans
1:04 on 7 January, 2021
I precisely wished to say thanks yet again. I'm not certain the things I would've taken care of without the type of strategies documented by you directly on that theme. It was the alarming matter for me personally, however , being able to view this well-written approach you resolved that took me to jump over happiness. I'm just grateful for this guidance as well as trust you realize what a powerful job your are carrying out educating people today thru your website. More than likely you haven't come across any of us.
air jordans http://www.cheap-airjordans.us.com
air jordans http://www.cheap-airjordans.us.com
Reply
golden goose shoes
1:04 on 7 January, 2021
Thank you for all your effort on this blog. Debby enjoys getting into internet research and it's easy to understand why. Almost all hear all concerning the compelling manner you make both interesting and useful suggestions on this web blog and encourage contribution from others on the issue and our own simple princess is truly learning a lot. Take pleasure in the remaining portion of the new year. You're performing a stunning job.
golden goose shoes http://www.goldengoosesneakers.us.org
golden goose shoes http://www.goldengoosesneakers.us.org
Reply
jordan retro
1:03 on 7 January, 2021
I precisely had to thank you so much again. I am not sure the things I could possibly have used in the absence of these methods revealed by you regarding that problem. It previously was the daunting crisis in my circumstances, however , coming across a new professional technique you managed the issue forced me to jump over gladness. Now i'm happier for this advice and then sincerely hope you realize what an amazing job you have been providing educating many others via your web blog. I am certain you haven't got to know all of us.
jordan retro http://www.jordan-retro.us.com
jordan retro http://www.jordan-retro.us.com
Reply
jordan 12
22:31 on 6 January, 2021
I and also my guys were found to be following the good guides located on your web blog and then instantly got a horrible suspicion I never thanked you for those techniques. Most of the boys appeared to be so passionate to learn them and already have undoubtedly been making the most of them. Thank you for getting really considerate and also for opting for varieties of fabulous subject areas most people are really eager to be aware of. My very own sincere regret for not saying thanks to earlier.
jordan 12 http://www.jordan12.us.com
jordan 12 http://www.jordan12.us.com
Reply
bape clothing
22:31 on 6 January, 2021
I would like to show appreciation to you for bailing me out of this type of circumstance. Right after surfing around throughout the world-wide-web and meeting notions that were not beneficial, I assumed my life was done. Being alive without the presence of approaches to the difficulties you have solved by means of your main short article is a crucial case, and those which may have adversely damaged my career if I hadn't come across your web page. Your personal natural talent and kindness in playing with all the stuff was important. I'm not sure what I would've done if I hadn't come upon such a step like this. I can also at this point look forward to my future. Thank you very much for the impressive and results-oriented guide. I will not be reluctant to suggest your site to any individual who would need guide about this subject matter.
bape clothing http://www.bapes.us.org
bape clothing http://www.bapes.us.org
Reply
off white
22:31 on 6 January, 2021
I intended to write you the very little word to be able to give many thanks the moment again over the marvelous opinions you've contributed above. It's wonderfully open-handed with people like you to deliver freely exactly what a number of us could possibly have supplied as an ebook in making some dough on their own, mostly given that you might well have done it in the event you wanted. The suggestions also served to be a easy way to know that many people have the same desire like mine to find out a lot more related to this problem. I am certain there are lots of more pleasant occasions up front for many who take a look at your website.
off white http://www.offwhiteoutlet.us.org
off white http://www.offwhiteoutlet.us.org
Reply
curry 7 sour patch
22:30 on 6 January, 2021
I'm commenting to let you be aware of of the really good discovery my cousin's princess went through using your web page. She picked up so many issues, most notably what it's like to possess an ideal helping nature to have the rest really easily know precisely chosen problematic subject matter. You undoubtedly exceeded our expected results. Thank you for coming up with such helpful, trusted, educational not to mention cool tips about this topic to Emily.
curry 7 sour patch http://www.curry7.us
curry 7 sour patch http://www.curry7.us
Reply
yeezy 380
22:30 on 6 January, 2021
I needed to compose you one tiny remark to finally thank you very much again for your personal lovely suggestions you've provided in this article. It is really pretty generous with people like you to convey extensively all that some people would've distributed as an ebook to help with making some profit for themselves, primarily considering the fact that you could possibly have tried it in the event you desired. These ideas additionally worked to provide a easy way to fully grasp that someone else have the same desire really like my very own to know very much more on the subject of this matter. I am sure there are a lot more fun moments up front for people who read carefully your site.
yeezy 380 http://www.yeezyboost380.us
yeezy 380 http://www.yeezyboost380.us
Reply
supreme clothing
22:30 on 6 January, 2021
I wish to show appreciation to this writer for bailing me out of such a trouble. After exploring throughout the world-wide-web and obtaining suggestions that were not productive, I figured my life was gone. Living without the answers to the problems you have resolved through this report is a crucial case, as well as ones which may have badly damaged my entire career if I hadn't noticed the website. Your actual know-how and kindness in maneuvering the whole thing was invaluable. I don't know what I would've done if I had not encountered such a solution like this. I'm able to now relish my future. Thanks so much for your impressive and result oriented help. I will not think twice to propose your web site to any person who should have recommendations about this subject.
supreme clothing http://www.supremeshoodie.com
supreme clothing http://www.supremeshoodie.com
Reply
supreme hoodie
22:30 on 6 January, 2021
My spouse and i have been absolutely contented Emmanuel managed to do his researching while using the ideas he came across out of your web page. It's not at all simplistic just to happen to be offering thoughts that many other folks could have been making money from. Therefore we keep in mind we have the website owner to appreciate because of that. These explanations you have made, the easy website navigation, the friendships your site make it possible to create - it's many astonishing, and it's really helping our son and the family understand that content is fun, and that is exceedingly indispensable. Thanks for everything!
supreme hoodie http://www.supremeclothingsstore.com
supreme hoodie http://www.supremeclothingsstore.com
Oops!
Oops, you forgot something.