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.
6933 Comments
Reply
golden goose sneakers
20:32 on 28 November, 2020
I precisely desired to appreciate you yet again. I'm not certain what I would have used without those points discussed by you relating to this question. It has been a very intimidating setting for me personally, however , noticing a expert strategy you handled the issue made me to weep with fulfillment. I am just thankful for your help and in addition hope that you recognize what a great job you're carrying out instructing the rest thru your blog post. Most likely you've never encountered any of us.
golden goose sneakers http://www.goldengoose-sneakers.us
golden goose sneakers http://www.goldengoose-sneakers.us
Reply
jordan shoes
20:31 on 28 November, 2020
I and also my guys came reading through the excellent information and facts found on your web page while unexpectedly I got a terrible feeling I never thanked the web site owner for those strategies. Those women came so thrilled to study them and have now in truth been having fun with those things. Appreciation for actually being simply thoughtful and for making a choice on certain marvelous subjects millions of individuals are really eager to be aware of. My sincere apologies for not expressing gratitude to you sooner.
jordan shoes http://www.airjordansstore.com
jordan shoes http://www.airjordansstore.com
Reply
a bathing ape
19:17 on 28 November, 2020
A lot of thanks for your entire hard work on this web site. Gloria really likes doing investigations and it is simple to grasp why. Most people hear all relating to the lively means you produce effective thoughts on this web blog and in addition boost participation from some other people about this content plus my child is truly becoming educated a whole lot. Have fun with the rest of the new year. Your doing a remarkable job.
a bathing ape http://www.bape-clothing.us
a bathing ape http://www.bape-clothing.us
Reply
supreme hoodie
19:17 on 28 November, 2020
I happen to be commenting to make you know of the fabulous encounter my wife's princess developed visiting your site. She discovered several pieces, most notably how it is like to have a marvelous teaching heart to let other people without problems learn about various specialized subject areas. You really surpassed her expected results. Many thanks for delivering those essential, healthy, revealing and even unique guidance on your topic to Evelyn.
supreme hoodie http://www.supremehoodies.us
supreme hoodie http://www.supremehoodies.us
Reply
kevin durant shoes
19:17 on 28 November, 2020
A lot of thanks for all your valuable effort on this site. Debby take interest in getting into investigation and it's really obvious why. A number of us learn all concerning the powerful way you render rewarding tips via your web blog and therefore cause response from people on that situation plus our own princess is now becoming educated a lot of things. Have fun with the rest of the new year. You are always performing a good job.
kevin durant shoes http://www.kd-shoes.us
kevin durant shoes http://www.kd-shoes.us
Reply
golden goose
19:17 on 28 November, 2020
Thanks so much for giving everyone an extremely brilliant opportunity to read articles and blog posts from this web site. It is always very brilliant and as well , packed with a lot of fun for me personally and my office colleagues to visit your web site at the very least 3 times in 7 days to read through the newest issues you will have. Not to mention, I'm at all times impressed with the mind-boggling concepts you serve. Some two points in this posting are undeniably the simplest we've ever had.
golden goose http://www.golden-gooses.com
golden goose http://www.golden-gooses.com
Reply
off-white
18:00 on 28 November, 2020
Thanks so much for providing individuals with remarkably pleasant chance to read from this blog. It is always very enjoyable and as well , full of fun for me personally and my office fellow workers to search the blog a minimum of three times per week to study the newest secrets you have. And indeed, I'm so certainly impressed with your superb suggestions you give. Selected two tips in this article are without a doubt the most efficient I've ever had.
off-white http://www.off--white.us.com
off-white http://www.off--white.us.com
Reply
supreme clothing
18:00 on 28 November, 2020
Thank you a lot for giving everyone a very memorable chance to check tips from this web site. It is usually very awesome and also packed with a lot of fun for me personally and my office friends to search the blog a minimum of three times in a week to see the newest items you will have. And indeed, I'm so usually motivated with your great techniques you serve. Selected two facts on this page are ultimately the most effective I've ever had.
supreme clothing http://www.supremesclothing.us.org
supreme clothing http://www.supremesclothing.us.org
Reply
canada goose outlet
18:00 on 28 November, 2020
A lot of thanks for your whole efforts on this site. Kate takes pleasure in managing investigations and it is obvious why. I hear all relating to the compelling medium you produce insightful suggestions through this web site and as well as invigorate response from other people on that theme plus my princess is certainly studying a lot of things. Take pleasure in the rest of the new year. You're carrying out a good job.
canada goose outlet http://www.canadagooses-outlet.us.com
canada goose outlet http://www.canadagooses-outlet.us.com
Reply
golden goose
18:00 on 28 November, 2020
I simply wished to thank you very much again. I'm not certain the things I would have taken care of in the absence of these suggestions revealed by you relating to such a problem. Entirely was the intimidating case for me personally, nevertheless encountering the very professional mode you solved that made me to jump over contentment. I am happier for your assistance and in addition believe you find out what a great job you are always accomplishing instructing many others all through your website. Most likely you have never encountered all of us.
golden goose http://www.goldengooseoutletonline.us.com
golden goose http://www.goldengooseoutletonline.us.com
Reply
lebron shoes
16:49 on 28 November, 2020
I enjoy you because of all your valuable effort on this site. Kate enjoys working on investigations and it's really easy to see why. Most people know all concerning the dynamic medium you offer powerful steps by means of this website and even strongly encourage contribution from other people on this concept then our favorite simple princess is without a doubt being taught a lot. Enjoy the remaining portion of the year. You have been performing a useful job.
lebron shoes http://www.lebronjames-shoes.us.com
lebron shoes http://www.lebronjames-shoes.us.com
Reply
stephen curry shoes
16:49 on 28 November, 2020
I actually wanted to jot down a small comment to say thanks to you for these precious instructions you are giving out on this website. My time intensive internet investigation has now been compensated with awesome details to go over with my best friends. I 'd assert that many of us site visitors actually are very much blessed to live in a perfect site with many brilliant people with valuable guidelines. I feel pretty blessed to have seen your site and look forward to tons of more fun minutes reading here. Thanks a lot again for all the details.
stephen curry shoes http://www.stephcurry.us
stephen curry shoes http://www.stephcurry.us
Reply
goyard
16:49 on 28 November, 2020
I precisely needed to thank you so much all over again. I'm not certain the things that I might have carried out without those solutions revealed by you about such industry. Entirely was an absolute scary setting in my view, but witnessing your skilled tactic you solved it took me to leap with happiness. I'm grateful for the service and have high hopes you realize what a powerful job that you are providing instructing men and women through a blog. Most probably you've never encountered any of us.
goyard http://www.goyardhandbag.us
goyard http://www.goyardhandbag.us
Reply
kawhi leonard shoes
16:49 on 28 November, 2020
I simply wanted to develop a quick comment to be able to express gratitude to you for all the precious ways you are giving out on this site. My extended internet look up has at the end been rewarded with good quality facts and strategies to exchange with my classmates and friends. I 'd state that that many of us visitors actually are quite fortunate to live in a fabulous website with so many brilliant individuals with good advice. I feel really happy to have used the weblog and look forward to many more exciting times reading here. Thanks a lot again for all the details.
kawhi leonard shoes http://www.kawhileonardshoes.us
kawhi leonard shoes http://www.kawhileonardshoes.us
Reply
longchamp
16:48 on 28 November, 2020
I and also my guys happened to be checking the nice guides located on your web blog and so quickly I got a horrible feeling I had not expressed respect to the web site owner for them. All the boys are already as a consequence stimulated to learn them and have in effect simply been taking advantage of them. We appreciate you truly being quite helpful and then for utilizing this sort of remarkable areas most people are really needing to understand about. My personal sincere apologies for not expressing appreciation to you earlier.
longchamp http://www.longchampshandbags.us
longchamp http://www.longchampshandbags.us
Reply
jordan retro
15:35 on 28 November, 2020
Thank you so much for giving everyone an exceptionally brilliant chance to read in detail from this site. It is always so brilliant plus stuffed with a good time for me personally and my office peers to search your website on the least thrice in 7 days to find out the fresh guides you have got. And lastly, I am also usually impressed concerning the astonishing hints you give. Selected 4 points in this article are without a doubt the most efficient we have had.
jordan retro http://www.retrojordanssale.com
jordan retro http://www.retrojordanssale.com
Reply
cheap jordans
15:35 on 28 November, 2020
I'm writing to make you understand what a nice encounter my friend's princess developed viewing your blog. She came to understand some details, including what it's like to have an excellent giving mood to let other folks effortlessly thoroughly grasp various complex subject areas. You actually exceeded readers' expectations. Thank you for displaying these precious, dependable, explanatory and even unique tips on the topic to Julie.
cheap jordans http://www.air-jordanshoes.us.org
cheap jordans http://www.air-jordanshoes.us.org
Reply
kobe shoes
15:35 on 28 November, 2020
I actually wanted to compose a word to be able to say thanks to you for the remarkable techniques you are writing at this website. My extensive internet lookup has at the end of the day been compensated with incredibly good points to talk about with my two friends. I would assume that many of us site visitors are definitely fortunate to dwell in a notable website with many lovely people with interesting principles. I feel rather lucky to have seen your web page and look forward to some more awesome minutes reading here. Thanks once again for everything.
kobe shoes http://www.kobe-shoes.us.com
kobe shoes http://www.kobe-shoes.us.com
Reply
yeezy shoes
15:35 on 28 November, 2020
I in addition to my buddies were digesting the good pointers found on your web page then at once I had a horrible suspicion I never expressed respect to the web site owner for those secrets. The ladies are actually as a consequence glad to study all of them and have in effect pretty much been using them. Thanks for actually being simply thoughtful as well as for considering some tremendous things most people are really wanting to learn about. My personal sincere apologies for not expressing appreciation to you sooner.
yeezy shoes http://www.yeezy-shoes.us.org
yeezy shoes http://www.yeezy-shoes.us.org
Reply
moncler
15:35 on 28 November, 2020
Needed to create you that very little note to say thanks yet again with your exceptional tips you have contributed on this website. It has been quite extremely generous of you to provide unreservedly just what many people would have advertised for an e book to help with making some money for themselves, notably considering that you could have tried it in the event you wanted. These basics also worked to be a great way to know that the rest have the same desire the same as my personal own to grasp a whole lot more concerning this condition. I am certain there are thousands of more pleasurable sessions in the future for individuals who read carefully your site.
moncler http://www.moncler--outlet.us.com
moncler http://www.moncler--outlet.us.com
Oops!
Oops, you forgot something.