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.
6937 Comments
Reply
yeezy boost 350 v2
11:24 on 11 December, 2020
I must show my appreciation for your kind-heartedness for folks who need guidance on in this idea. Your personal commitment to passing the solution up and down came to be exceptionally beneficial and has without exception allowed regular people much like me to attain their dreams. Your new informative guideline means much to me and further more to my office colleagues. Regards; from each one of us.
yeezy boost 350 v2 http://www.yeezy-v2.com
yeezy boost 350 v2 http://www.yeezy-v2.com
Reply
Speedycash
9:32 on 11 December, 2020
payday loans instantly loans contact number short term loan lenders online payday loans direct lender personal loan interest rates cash installment loans max loan
Reply
yeezy shoes
9:04 on 11 December, 2020
I simply desired to thank you very much again. I am not sure what I might have gone through without the ways discussed by you regarding my area of interest. This was the traumatic circumstance for me, however , taking note of your professional way you processed the issue took me to jump for joy. I am just happy for your support and as well , expect you are aware of a powerful job that you are undertaking instructing some other people all through your blog post. I am certain you have never met all of us.
yeezy shoes http://www.yeezysshoes.us.com
yeezy shoes http://www.yeezysshoes.us.com
Reply
yeezy boost 350
9:04 on 11 December, 2020
I actually wanted to jot down a remark in order to say thanks to you for all the precious pointers you are writing on this site. My extended internet investigation has at the end of the day been rewarded with really good tips to go over with my colleagues. I 'd believe that most of us site visitors actually are quite endowed to exist in a fantastic site with very many brilliant people with good concepts. I feel rather blessed to have used your weblog and look forward to plenty of more enjoyable moments reading here. Thanks again for everything.
yeezy boost 350 http://www.yeezyboost-350v2.us.com
yeezy boost 350 http://www.yeezyboost-350v2.us.com
Reply
moncler jackets
9:04 on 11 December, 2020
I'm writing to make you be aware of of the great discovery my wife's girl had checking your web site. She figured out a lot of pieces, including what it is like to have an ideal helping mood to let men and women clearly learn a variety of very confusing topics. You actually did more than my expectations. Many thanks for displaying these interesting, healthy, educational and even easy thoughts on this topic to Emily.
moncler jackets http://www.monclerjackets.us.org
moncler jackets http://www.monclerjackets.us.org
Reply
longchamp
9:04 on 11 December, 2020
I intended to create you the bit of word to be able to thank you so much over again for your personal great basics you've documented here. This is certainly extremely open-handed of people like you to present openly what exactly a few people could have offered as an e-book in making some profit on their own, notably considering that you could have tried it in case you considered necessary. These thoughts in addition acted to be a fantastic way to be aware that the rest have the same dreams just as my own to know the truth somewhat more with regard to this matter. Certainly there are several more pleasurable instances ahead for those who read through your blog.
longchamp http://www.longchampshandbags.us.org
longchamp http://www.longchampshandbags.us.org
Reply
jordan 12
9:04 on 11 December, 2020
Needed to create you one bit of note to help say thank you yet again for all the lovely ideas you have documented on this page. It's shockingly open-handed with you to make publicly just what a few people could have supplied for an e book to help with making some money on their own, particularly considering the fact that you might have tried it if you ever decided. These tactics additionally worked to be the good way to know that the rest have the identical eagerness similar to my personal own to see a great deal more when it comes to this problem. I believe there are lots of more pleasant sessions ahead for people who look into your blog post.
jordan 12 http://www.jordan12.us.com
jordan 12 http://www.jordan12.us.com
Reply
JudyIcent
7:55 on 11 December, 2020
alli uk cialis generic singulair 4 mg tablet viagra without prescription usa trusted online pharmacy myambutol online sildenafil-citrate canadian pharmacy viagra 200 mg sildenafil 200mg price viagra
Reply
balenciaga
7:08 on 11 December, 2020
I needed to draft you this little observation to finally say thank you once again for your magnificent advice you've provided in this case. It is particularly open-handed of you to give without restraint exactly what most people would have advertised for an e book to help with making some dough for their own end, especially considering the fact that you might well have tried it in the event you considered necessary. The strategies in addition acted to become good way to comprehend other people online have the identical eagerness the same as my very own to realize more on the topic of this condition. I am sure there are numerous more pleasant periods in the future for many who examine your website.
balenciaga http://www.balenciaga.us.com
balenciaga http://www.balenciaga.us.com
Reply
off white outlet
7:08 on 11 December, 2020
I and my guys have already been following the excellent key points from your site and so unexpectedly developed an awful feeling I had not thanked the site owner for those strategies. All the women had been certainly stimulated to read through them and have in effect extremely been loving those things. Thank you for truly being really accommodating and also for going for this sort of incredibly good resources millions of individuals are really desirous to be informed on. Our own sincere regret for not saying thanks to you earlier.
off white outlet http://www.offwhiteoutlet.us.org
off white outlet http://www.offwhiteoutlet.us.org
Reply
kobe shoes
7:07 on 11 December, 2020
I have to point out my gratitude for your kind-heartedness in support of visitors who really want guidance on this one niche. Your special dedication to passing the solution along was amazingly functional and has without exception made some individuals much like me to attain their objectives. Your amazing useful suggestions signifies so much to me and somewhat more to my fellow workers. Regards; from each one of us.
kobe shoes http://www.kobe-shoes.us.com
kobe shoes http://www.kobe-shoes.us.com
Reply
golden goose outlet
7:07 on 11 December, 2020
I have to show some thanks to you just for rescuing me from this issue. Because of researching through the internet and obtaining thoughts which are not powerful, I figured my life was done. Being alive without the presence of approaches to the problems you have resolved all through your entire posting is a serious case, and the kind that could have badly damaged my entire career if I hadn't come across your web page. The skills and kindness in handling a lot of stuff was tremendous. I am not sure what I would have done if I hadn't encountered such a solution like this. I can also at this point look forward to my future. Thanks for your time so much for your reliable and result oriented help. I will not think twice to refer your blog post to any person who will need guidelines on this situation.
golden goose outlet http://www.goldengoose-sneakers.us
golden goose outlet http://www.goldengoose-sneakers.us
Reply
supreme hoodie
7:07 on 11 December, 2020
Thank you a lot for giving everyone remarkably wonderful chance to read in detail from this website. It is usually very terrific and as well , stuffed with fun for me and my office fellow workers to search your site on the least three times in a week to learn the fresh stuff you have. And of course, I am also certainly happy considering the incredible strategies served by you. Certain 2 tips on this page are surely the very best I have had.
supreme hoodie http://www.supremeclothingstore.com
supreme hoodie http://www.supremeclothingstore.com
Reply
moncler
5:41 on 11 December, 2020
I and also my friends appeared to be checking out the excellent helpful hints located on the blog while immediately I had a terrible feeling I had not expressed respect to you for those tips. The young men came as a consequence happy to learn all of them and have in effect certainly been using those things. Many thanks for truly being indeed kind and then for getting such superb areas most people are really needing to know about. My very own sincere regret for not expressing appreciation to sooner.
moncler http://www.monclercoat.us.com
moncler http://www.monclercoat.us.com
Reply
balenciaga
5:41 on 11 December, 2020
My wife and i were quite ecstatic when Louis managed to carry out his investigation through the entire ideas he came across from your own web page. It is now and again perplexing to just find yourself freely giving information and facts which often people today could have been trying to sell. And we recognize we've got you to give thanks to because of that. Most of the illustrations you've made, the simple blog navigation, the friendships you assist to promote - it is most superb, and it's making our son in addition to the family imagine that that issue is enjoyable, and that is seriously essential. Thanks for the whole thing!
balenciaga http://www.balenciaga.us.com
balenciaga http://www.balenciaga.us.com
Reply
kyrie 6 shoes
5:41 on 11 December, 2020
I simply had to say thanks once again. I am not sure what I might have accomplished without the type of basics documented by you relating to such a industry. This has been an absolute scary concern in my circumstances, but taking note of the expert strategy you handled it took me to jump over delight. Now i am thankful for the information as well as have high hopes you realize what a powerful job you're providing training the rest through the use of your blog post. More than likely you haven't encountered any of us.
kyrie 6 shoes http://www.kyrie6.org
kyrie 6 shoes http://www.kyrie6.org
Reply
golden goose sneakers
5:41 on 11 December, 2020
I simply wanted to construct a simple comment to say thanks to you for those great steps you are giving here. My time intensive internet look up has finally been compensated with reasonable points to write about with my family and friends. I would say that many of us readers actually are very much endowed to live in a wonderful community with so many perfect individuals with useful solutions. I feel very grateful to have discovered the web page and look forward to many more fun minutes reading here. Thanks a lot once more for everything.
golden goose sneakers http://www.goldengooses.us
golden goose sneakers http://www.goldengooses.us
Reply
yeezy boost 350
5:40 on 11 December, 2020
I am only writing to make you understand what a great encounter my wife's daughter experienced browsing yuor web blog. She noticed a good number of details, with the inclusion of what it's like to have a marvelous giving style to make the mediocre ones really easily comprehend specified tortuous topics. You truly surpassed people's expected results. Many thanks for rendering the productive, trustworthy, explanatory and even fun tips about this topic to Julie.
yeezy boost 350 http://www.yeezy-shoes.us.org
yeezy boost 350 http://www.yeezy-shoes.us.org
Oops!
Oops, you forgot something.