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
DenIcent
21:06 on 31 December, 2020
buy silagra online uk rhinocort otc price celexa cheap best online tadalafil cialis 40 mg for sale
Reply
Best Online Loans
20:53 on 31 December, 2020
unsecured personal loan short term loans no credit check loan qualifications consolidating loans direct lender installment loans payday loan
Reply
birkin bag
20:09 on 31 December, 2020
I as well as my buddies ended up viewing the excellent things found on the website and so the sudden got a terrible suspicion I had not thanked the web site owner for those techniques. All the people are actually consequently stimulated to study all of them and have sincerely been tapping into these things. We appreciate you getting really accommodating and also for having certain ideal tips millions of individuals are really wanting to be informed on. Our honest apologies for not expressing appreciation to sooner.
birkin bag http://www.hermesonlineshop.com
birkin bag http://www.hermesonlineshop.com
Reply
off white
20:06 on 31 December, 2020
I am also commenting to make you know what a incredible experience my friend's princess had going through your site. She came to find lots of things, which included how it is like to have a very effective coaching mindset to have the mediocre ones effortlessly grasp certain multifaceted things. You truly exceeded readers' desires. Many thanks for rendering the effective, trustworthy, revealing and unique guidance on the topic to Emily.
off white http://www.off--white.us.com
off white http://www.off--white.us.com
Reply
off white outlet
20:06 on 31 December, 2020
I truly wanted to write down a quick note to express gratitude to you for some of the great pointers you are posting here. My considerable internet search has finally been rewarded with professional facts and techniques to go over with my friends. I would suppose that many of us site visitors are rather blessed to dwell in a great site with so many awesome individuals with great methods. I feel truly lucky to have used the web page and look forward to really more exciting times reading here. Thank you once more for all the details.
off white outlet http://www.offwhiteoutlet.us.org
off white outlet http://www.offwhiteoutlet.us.org
Reply
moncler jackets
20:06 on 31 December, 2020
I would like to show thanks to the writer just for rescuing me from this particular scenario. Because of scouting throughout the world wide web and obtaining advice which were not helpful, I was thinking my life was done. Existing devoid of the strategies to the problems you've sorted out as a result of your entire write-up is a serious case, as well as the ones that might have negatively affected my career if I hadn't come across your blog post. Your main ability and kindness in handling every aspect was crucial. I don't know what I would've done if I had not discovered such a solution like this. I'm able to at this point relish my future. Thanks a lot so much for your skilled and results-oriented guide. I will not think twice to endorse the website to any individual who needs and wants guidance on this subject matter.
moncler jackets http://www.monclerjackets.us
moncler jackets http://www.monclerjackets.us
Reply
EyeIcent
15:31 on 31 December, 2020
buy serevent tizanidine 122 viagra script dexamethasone cream over the counter tadalafil tablets online tadalafil 100mg ivermectin 3mg tablets where can i buy stromectol sildenafil 100mg canada pharmacy viagra generic buy tadalafil cialis floxin antibiotic ivermectin generic avapro 300 viagra canada online pharmacy cheap generic cialis online online pharmacy bc trental pentoxifylline order cheap viagra buy topamax australia
Reply
stone island t shirt
11:05 on 31 December, 2020
I wanted to write you that little bit of remark to help give thanks over again on the great views you have provided on this page. It's so seriously open-handed with people like you to allow without restraint precisely what a few individuals could possibly have advertised for an electronic book to help make some dough for themselves, precisely since you might well have done it if you considered necessary. Those thoughts as well worked like a great way to comprehend other people online have a similar passion much like my own to understand much more regarding this issue. I am sure there are thousands of more fun situations in the future for folks who discover your website.
stone island t shirt http://www.stoneislands.us
stone island t shirt http://www.stoneislands.us
Reply
kenzo
11:04 on 31 December, 2020
Needed to compose you one little bit of observation so as to thank you over again regarding the precious techniques you have shown on this site. This is certainly strangely generous of you in giving publicly what exactly a few individuals would've distributed for an e-book in making some bucks for their own end, principally since you could possibly have done it if you ever considered necessary. These strategies also acted like the fantastic way to fully grasp that other people online have similar passion really like my personal own to learn a good deal more regarding this condition. I am certain there are some more fun moments ahead for folks who browse through your blog post.
kenzo http://www.kenzos.us
kenzo http://www.kenzos.us
Reply
longchamp
11:04 on 31 December, 2020
I would like to show my love for your generosity for people that really need help on in this question. Your personal commitment to getting the solution across ended up being particularly practical and have continuously helped associates much like me to arrive at their objectives. Your entire valuable guide means this much a person like me and even further to my peers. Regards; from each one of us.
longchamp http://www.longchampshandbags.us
longchamp http://www.longchampshandbags.us
Reply
yeezy boost
11:04 on 31 December, 2020
I would like to express some thanks to the writer just for bailing me out of this type of setting. As a result of scouting through the the web and meeting concepts that were not pleasant, I thought my life was done. Existing without the approaches to the difficulties you have resolved through your entire website is a critical case, and ones which might have in a negative way affected my career if I hadn't come across your web blog. Your actual natural talent and kindness in dealing with all the details was invaluable. I am not sure what I would've done if I hadn't discovered such a point like this. I am able to at this time look ahead to my future. Thanks very much for the high quality and sensible guide. I will not hesitate to refer the sites to anyone who needs to have counselling on this topic.
yeezy boost http://www.yeezy-boost.com
yeezy boost http://www.yeezy-boost.com
Reply
giannis antetokounmpo shoes
11:03 on 31 December, 2020
My spouse and i felt now fortunate when Chris could round up his inquiry by way of the precious recommendations he got from your own site. It's not at all simplistic to just choose to be giving out thoughts that most people have been making money from. And we also remember we have got the website owner to be grateful to for this. The entire explanations you've made, the straightforward blog navigation, the friendships you help engender - it's everything fantastic, and it's really aiding our son in addition to the family know that the content is thrilling, which is certainly tremendously indispensable. Thank you for all!
giannis antetokounmpo shoes http://www.giannisantetokounmposhoes.us
giannis antetokounmpo shoes http://www.giannisantetokounmposhoes.us
Reply
golden goose
11:03 on 31 December, 2020
I precisely desired to thank you so much all over again. I do not know what I might have implemented in the absence of these techniques contributed by you relating to such subject matter. Previously it was an absolute traumatic scenario in my opinion, nevertheless observing the well-written technique you dealt with it forced me to jump with happiness. Now i'm happier for this help and even wish you recognize what an amazing job you were putting in instructing people through your webpage. Most likely you've never encountered any of us.
golden goose http://www.goldengoosesneakers.us.org
golden goose http://www.goldengoosesneakers.us.org
Reply
lebron shoes
11:03 on 31 December, 2020
I wish to get across my gratitude for your generosity giving support to individuals who really need guidance on this particular idea. Your real commitment to getting the message around ended up being wonderfully advantageous and have allowed people much like me to reach their goals. Your entire useful tutorial signifies a lot a person like me and additionally to my office workers. Thanks a ton; from all of us.
lebron shoes http://www.lebron16.us
lebron shoes http://www.lebron16.us
Reply
lebron 15
11:03 on 31 December, 2020
Thank you a lot for providing individuals with such a pleasant possiblity to discover important secrets from here. It's always so excellent and as well , stuffed with amusement for me personally and my office peers to search your site at a minimum three times a week to see the latest issues you will have. And definitely, I'm usually impressed with all the eye-popping methods you give. Selected 1 points in this post are essentially the best we have all had.
lebron 15 http://www.lebron15.net
lebron 15 http://www.lebron15.net
Reply
kobe
11:03 on 31 December, 2020
I simply wanted to post a quick remark to appreciate you for these splendid information you are sharing on this website. My considerable internet lookup has at the end been compensated with good ideas to go over with my companions. I 'd believe that most of us visitors actually are extremely endowed to exist in a useful network with many awesome professionals with useful techniques. I feel really privileged to have seen your website page and look forward to plenty of more thrilling minutes reading here. Thank you once more for a lot of things.
kobe http://www.kobe.us.com
kobe http://www.kobe.us.com
Reply
stone island
11:02 on 31 December, 2020
I am also commenting to make you know what a really good experience my cousin's child encountered using the blog. She learned lots of issues, most notably how it is like to possess an awesome teaching style to let many others with no trouble understand various tortuous topics. You really surpassed her expected results. Thanks for distributing those priceless, dependable, explanatory and in addition easy thoughts on that topic to Kate.
stone island http://www.stone-island.us.com
stone island http://www.stone-island.us.com
Reply
MaryIcent
10:08 on 31 December, 2020
buy ivermectin pills tizanidine 4mg price toprol xl 200 mg tablet generic myambutol plaquenil hydroxychloroquine cost cialis 800 mg canadian pharmacy prescription viagra pharmacy wholesalers canada buy cialis brand canada viagra paypal online
Reply
yeezy
9:16 on 31 December, 2020
I am also writing to make you be aware of what a exceptional encounter our daughter gained studying your web page. She picked up several things, which included what it's like to possess an excellent giving style to let many others without difficulty fully grasp certain impossible matters. You truly surpassed my desires. Many thanks for delivering the effective, healthy, informative and as well as fun thoughts on that topic to Sandra.
yeezy http://www.yeezysus.com
yeezy http://www.yeezysus.com
Oops!
Oops, you forgot something.