Shopping Basket
Your Basket is Empty
Quantity:
Subtotal
Taxes
Delivery
Total
There was an error with PayPalClick here to try again
CelebrateThank you for your business!You should receive an order confirmation from Paypal shortly.Exit Shopping Basket

Blog

Blog

« Back to Blog « Older Entry | Newer Entry »

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!

Oops, you forgot something.

Oops!

The words you entered did not match the given text. Please try again.

6933 Comments

Reply moncler jackets
16:11 on 30 November, 2020 
I precisely needed to thank you so much once again. I'm not certain what I might have gone through in the absence of these solutions provided by you directly on this problem. It was a real depressing case in my opinion, nevertheless noticing the expert tactic you processed the issue forced me to leap with happiness. I am happier for your help and in addition trust you comprehend what a powerful job you are always undertaking instructing others through your site. Probably you've never met any of us.
moncler jackets http://www.monclerjackets.us.org
Reply supreme hoodie
16:11 on 30 November, 2020 
I together with my buddies were found to be going through the good thoughts from your web page while instantly I had an awful suspicion I had not expressed respect to the website owner for those techniques. My women were definitely certainly joyful to learn all of them and have now simply been taking pleasure in these things. Many thanks for genuinely really accommodating and also for picking such smart themes most people are really desperate to know about. My very own sincere apologies for not expressing gratitude to sooner.
supreme hoodie http://www.supremeclothings.us.com
Reply air jordans
16:11 on 30 November, 2020 
I must express my thanks to the writer for rescuing me from this circumstance. After checking throughout the online world and seeing basics that were not beneficial, I assumed my entire life was gone. Being alive minus the approaches to the issues you have solved by way of this review is a crucial case, and ones which might have in a negative way affected my entire career if I hadn't noticed your site. Your main mastery and kindness in taking care of almost everything was valuable. I'm not sure what I would've done if I hadn't encountered such a thing like this. I can also at this time look forward to my future. Thanks a lot so much for the high quality and amazing help. I won't think twice to propose the website to any person who should receive guidance on this topic.
air jordans http://www.cheap-airjordans.us.com
Reply knezo clothing
15:02 on 30 November, 2020 
Thanks for your entire hard work on this web page. Gloria take interest in working on investigation and it is obvious why. My spouse and i hear all relating to the powerful mode you deliver valuable thoughts by means of the blog and even foster contribution from other individuals on the area of interest while our own princess is starting to learn so much. Take pleasure in the rest of the new year. You're the one conducting a really great job.
knezo clothing http://www.kenzoclothing.us
Reply curry shoes
15:01 on 30 November, 2020 
I would like to convey my respect for your kindness supporting women who must have help on that area. Your personal dedication to getting the solution across had become unbelievably invaluable and have always permitted guys and women much like me to get to their ambitions. Your personal informative suggestions means a lot to me and additionally to my office colleagues. With thanks; from all of us.
curry shoes http://www.curryshoes.net
Reply pandora outlet
14:48 on 30 November, 2020 
I wish to show thanks to the writer for bailing me out of this type of instance. Right after searching throughout the the net and coming across opinions that were not pleasant, I thought my life was done. Existing minus the answers to the problems you have fixed by way of this report is a serious case, and those which might have adversely damaged my entire career if I had not noticed your website. Your skills and kindness in dealing with all the details was crucial. I'm not sure what I would've done if I hadn't come upon such a subject like this. I am able to at this time relish my future. Thanks a lot very much for the skilled and results-oriented help. I won't be reluctant to propose your web page to anyone who needs direction about this problem.
pandora outlet http://www.outletpandora.us.com
Reply pandora bracelet
14:48 on 30 November, 2020 
Needed to compose you this very little remark to be able to say thanks again for the wonderful pointers you've shared above. It has been certainly strangely open-handed with you to supply easily all that a lot of folks could have supplied for an e-book to earn some dough for their own end, especially considering the fact that you could possibly have tried it in the event you wanted. The good tips as well served to become a easy way to know that the rest have the same fervor similar to my own to grasp more and more pertaining to this matter. I'm sure there are a lot more fun occasions in the future for folks who looked at your website.
pandora bracelet http://www.pandorasbracelet.us
Reply off white clothing
14:48 on 30 November, 2020 
I am glad for writing to let you be aware of of the extraordinary discovery our daughter developed studying the blog. She mastered many issues, most notably what it is like to have an amazing teaching style to make other folks with ease know some tortuous subject areas. You really surpassed my desires. Thank you for providing such practical, trusted, explanatory and cool tips about that topic to Kate.
off white clothing http://www.offwhitehoodie.us.com
Reply kyrie 5 spongebob
14:47 on 30 November, 2020 
I must show thanks to this writer just for bailing me out of this particular predicament. Just after looking throughout the world-wide-web and getting ways which are not helpful, I believed my entire life was over. Living devoid of the strategies to the issues you have resolved through your entire website is a crucial case, as well as the kind which might have badly damaged my entire career if I had not encountered your web site. Your main know-how and kindness in controlling all things was useful. I don't know what I would've done if I hadn't come across such a stuff like this. It's possible to at this moment look forward to my future. Thanks for your time very much for the expert and amazing guide. I won't hesitate to refer the website to anyone who needs to have care on this situation.
kyrie 5 spongebob http://www.kyrie5spongebob.us
Reply off white nike
13:02 on 30 November, 2020 
Thank you so much for giving everyone remarkably terrific chance to read in detail from this blog. It is usually very sweet and as well , jam-packed with a good time for me personally and my office colleagues to visit your web site particularly thrice a week to learn the latest issues you will have. And indeed, I am also at all times impressed considering the fabulous thoughts you serve. Certain two areas in this article are certainly the best we've ever had.
off white nike http://www.nikexoffwhite.com
Reply moncler outlet
13:02 on 30 November, 2020 
I enjoy you because of your own efforts on this web page. Betty really likes setting aside time for internet research and it's easy to see why. Many of us know all of the powerful tactic you render helpful thoughts by means of this blog and as well invigorate participation from other individuals about this concern plus our simple princess is undoubtedly being taught a lot. Take advantage of the remaining portion of the year. You're the one carrying out a powerful job.
moncler outlet http://www.moncler--outlet.us.com
Reply westbrook shoes
13:02 on 30 November, 2020 
I truly wanted to type a small remark to say thanks to you for all of the amazing points you are posting on this site. My incredibly long internet lookup has at the end of the day been recognized with reliable tips to write about with my family and friends. I 'd express that most of us website visitors actually are quite endowed to be in a magnificent place with so many marvellous people with very helpful pointers. I feel pretty happy to have encountered the website and look forward to really more thrilling minutes reading here. Thanks a lot once again for everything.
westbrook shoes http://www.russellwestbrookshoes.us
Reply moncler outlet
13:02 on 30 November, 2020 
I wanted to put you that very little note to finally give many thanks over again with your magnificent ideas you've shown above. It's really pretty generous with people like you to deliver openly just what some people might have offered as an e-book to generate some profit for themselves, precisely considering that you might well have tried it if you desired. Those smart ideas additionally acted as the easy way to understand that someone else have the identical dream much like mine to see a little more in respect of this problem. I'm sure there are lots of more pleasurable situations up front for people who looked at your blog post.
moncler outlet http://www.monclersoutlet.us.com
Reply kevin durant shoes
13:01 on 30 November, 2020 
I precisely needed to thank you very much yet again. I am not sure what I could possibly have undertaken in the absence of these suggestions contributed by you relating to such a theme. This has been the hard concern in my circumstances, but observing a new expert tactic you resolved the issue forced me to cry with delight. I'm just happier for the guidance and even sincerely hope you find out what an amazing job your are undertaking instructing most people all through a web site. I know that you've never encountered any of us.
kevin durant shoes http://www.kd10.us
Reply off white clothing
9:37 on 30 November, 2020 
Thanks for your whole hard work on this blog. Gloria take interest in managing investigations and it's simple to grasp why. I know all concerning the dynamic medium you deliver functional ideas on your blog and as well encourage participation from website visitors on this point and our own simple princess is discovering a lot of things. Enjoy the remaining portion of the new year. You are always conducting a fantastic job.
off white clothing http://www.offwhiteclothing.us.com
Reply golden goose sneakers
9:37 on 30 November, 2020 
My wife and i ended up being now relieved Peter could finish off his studies via the precious recommendations he gained through your blog. It is now and again perplexing to just always be giving out helpful tips that some others have been making money from. Therefore we remember we need you to be grateful to for that. The type of illustrations you have made, the straightforward website navigation, the relationships you can aid to foster - it's mostly extraordinary, and it's helping our son in addition to the family consider that this matter is entertaining, which is certainly unbelievably essential. Thanks for the whole lot!
golden goose sneakers http://www.goldengoose-sneakers.us
Reply kevin durant shoes
9:37 on 30 November, 2020 
I intended to send you this little remark so as to say thanks a lot once again over the nice pointers you have documented on this website. It's so strangely generous with you to supply freely just what many of us would've made available as an e-book in order to make some profit for their own end, specifically since you might well have done it if you wanted. These suggestions also worked to be a great way to be certain that other people online have the identical keenness just like my personal own to find out whole lot more regarding this issue. I think there are numerous more fun opportunities in the future for many who discover your blog post.
kevin durant shoes http://www.kd-shoes.us
Reply nike off whtie
9:37 on 30 November, 2020 
I enjoy you because of every one of your labor on this web page. My aunt delights in doing investigations and it's easy to see why. Most people notice all regarding the compelling ways you make invaluable thoughts via the web blog and as well as cause participation from other individuals on that content while our own simple princess is truly being taught so much. Take pleasure in the rest of the new year. You are conducting a superb job.
nike off whtie http://www.nikexoffwhite.com
Reply jordan 13
9:36 on 30 November, 2020 
I wish to convey my respect for your generosity giving support to men who should have help on the field. Your very own dedication to passing the message around appears to be especially significant and have truly enabled guys and women just like me to arrive at their pursuits. Your personal valuable help indicates so much to me and extremely more to my fellow workers. Regards; from each one of us.
jordan 13 http://www.jordan13.us.com
Reply supreme clothing
6:19 on 30 November, 2020 
I intended to send you one tiny remark to finally give many thanks again with the pleasant things you've shared in this case. It's certainly seriously open-handed with you giving without restraint all that a few people could possibly have made available as an e book to make some bucks for their own end, especially now that you could possibly have tried it if you ever desired. These points as well acted to be the fantastic way to be sure that most people have similar zeal like my personal own to realize a good deal more with reference to this problem. I'm sure there are thousands of more pleasurable situations up front for people who looked at your blog post.
supreme clothing http://www.supremesonline.com

Categories

0
/
Lightbox image