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.

6931 Comments

Reply longchamp handbags
9:13 on 3 November, 2020 
I want to express appreciation to you for bailing me out of this type of dilemma. As a result of looking out through the the web and obtaining strategies that were not pleasant, I figured my life was well over. Being alive without the presence of strategies to the difficulties you've solved by way of the write-up is a serious case, and ones that could have negatively affected my entire career if I had not noticed your website. Your own personal know-how and kindness in dealing with all the pieces was precious. I don't know what I would've done if I had not encountered such a stuff like this. I can now look forward to my future. Thank you very much for the expert and effective help. I will not be reluctant to propose your blog to any person who needs and wants tips on this matter.
longchamp handbags http://www.longchamphandbagsus.com
Reply supreme hoodie
9:13 on 3 November, 2020 
I in addition to my pals were actually checking out the nice suggestions located on your site then suddenly got an awful suspicion I had not expressed respect to the web blog owner for them. The women were definitely for that reason passionate to study them and have now clearly been enjoying them. Thank you for indeed being well considerate as well as for settling on these kinds of helpful information most people are really wanting to learn about. My very own honest regret for not saying thanks to earlier.
supreme hoodie http://www.supremehoodies.us
Reply golden goose
9:13 on 3 November, 2020 
A lot of thanks for all of the effort on this website. Debby takes pleasure in engaging in investigation and it's really easy to see why. Most people know all regarding the dynamic mode you offer efficient strategies on your website and therefore welcome contribution from some others on the area of interest so my daughter is actually starting to learn a lot of things. Have fun with the remaining portion of the new year. You're carrying out a dazzling job.
golden goose http://www.golden-gooses.com
Reply jordan shoes
22:34 on 2 November, 2020 
Thanks a lot for giving everyone an exceptionally pleasant possiblity to read critical reviews from this blog. It really is very nice and as well , jam-packed with a good time for me personally and my office peers to search your website at minimum thrice per week to see the new secrets you have. And of course, I am also always contented with your exceptional information you serve. Selected 1 tips in this posting are absolutely the most impressive we have ever had.
jordan shoes http://www.michaeljordanshoes.us.com
Reply supreme clothing
17:41 on 2 November, 2020 
I have to express some thanks to this writer for rescuing me from this particular instance. Right after checking through the the web and obtaining things that were not beneficial, I assumed my life was done. Living without the answers to the issues you have solved all through this blog post is a serious case, as well as the kind which may have adversely damaged my entire career if I had not noticed your blog post. That natural talent and kindness in taking care of a lot of things was important. I don't know what I would've done if I had not come upon such a subject like this. I can at this time look ahead to my future. Thanks for your time very much for the professional and result oriented guide. I will not be reluctant to recommend your web blog to anyone who should receive direction on this problem.
supreme clothing http://www.supreme-clothing.us.com
Reply supreme new york
17:40 on 2 November, 2020 
Thank you for your own effort on this website. My mom really loves making time for investigations and it's really obvious why. I notice all of the powerful manner you present useful strategies via the web blog and cause contribution from other individuals on this point plus my girl is being taught a great deal. Have fun with the remaining portion of the new year. You are conducting a fantastic job.
supreme new york http://www.supreme-clothings.us.com
Reply yeezy shoes
17:38 on 2 November, 2020 
I and my friends ended up checking the best ideas from the website and before long came up with a horrible feeling I had not expressed respect to the web blog owner for those tips. Most of the people ended up so glad to learn them and now have pretty much been taking advantage of those things. Appreciation for really being very kind and then for obtaining these kinds of useful ideas most people are really wanting to learn about. My very own honest regret for not saying thanks to you earlier.
yeezy shoes http://www.yeezysshoes.us.com
Reply jordan 6
17:37 on 2 November, 2020 
I would like to get across my appreciation for your kindness giving support to visitors who should have help on this area of interest. Your real dedication to getting the message throughout was extraordinarily invaluable and have specifically permitted others just like me to realize their dreams. Your own valuable help and advice means so much a person like me and somewhat more to my mates. Thank you; from everyone of us.
jordan 6 http://www.jordan6.us.com
Reply adidas yeezy
17:36 on 2 November, 2020 
My wife and i have been really happy that Chris could finish off his investigation using the ideas he obtained out of your web page. It is now and again perplexing to just choose to be giving freely guidelines which often other folks have been selling. We do understand we've got you to give thanks to for that. All the explanations you have made, the simple site menu, the friendships your site assist to create - it's everything overwhelming, and it's assisting our son in addition to our family consider that the theme is cool, and that's especially essential. Thanks for all the pieces!
adidas yeezy http://www.adidasyeezysupply.com
Reply yeezy boost 350
23:08 on 1 November, 2020 
I enjoy you because of every one of your effort on this blog. Debby loves carrying out investigation and it's obvious why. We all learn all about the dynamic manner you provide very useful guidance through the website and even strongly encourage response from other individuals about this situation so our favorite simple princess is undoubtedly becoming educated so much. Take advantage of the rest of the new year. You have been performing a first class job.
yeezy boost 350 http://www.yeezy-boost.us.com
Reply moncler sale
23:08 on 1 November, 2020 
Needed to create you a very small observation just to thank you so much as before for these fantastic methods you have shared on this site. It was really incredibly open-handed with people like you to allow publicly just what a few individuals would have advertised for an e book to generate some cash on their own, notably given that you might have tried it if you ever decided. These tactics likewise served to be the fantastic way to be certain that someone else have a similar eagerness like my own to find out significantly more when it comes to this problem. Certainly there are several more pleasurable instances in the future for folks who read carefully your site.
moncler sale http://www.moncleroutletsale.us.com
Reply hermes
23:08 on 1 November, 2020 
A lot of thanks for every one of your effort on this website. My niece really loves engaging in investigations and it's obvious why. My spouse and i know all about the compelling tactic you offer rewarding solutions via the blog and therefore attract participation from the others on the idea while our girl is truly being taught a whole lot. Take advantage of the remaining portion of the new year. You're performing a tremendous job.
hermes http://www.hermes-handbags.us.org
Reply hermes
23:08 on 1 November, 2020 
Thanks so much for giving everyone an exceptionally marvellous possiblity to discover important secrets from here. It is often very superb and also stuffed with fun for me personally and my office fellow workers to search your site on the least thrice per week to see the latest tips you have. And lastly, we're always motivated with all the dazzling tactics served by you. Some 1 ideas on this page are definitely the finest we've ever had.
hermes http://www.hermes-handbags.us.com
Reply stephen curry shoes
23:08 on 1 November, 2020 
I have to show appreciation to you for rescuing me from this type of dilemma. As a result of surfing throughout the world-wide-web and seeing opinions which are not helpful, I thought my life was over. Being alive without the presence of answers to the difficulties you've sorted out all through your entire guideline is a crucial case, and the kind that might have in a negative way damaged my entire career if I had not come across your blog post. Your primary natural talent and kindness in dealing with all the pieces was valuable. I am not sure what I would've done if I had not encountered such a solution like this. It's possible to now relish my future. Thanks for your time very much for the skilled and result oriented help. I will not hesitate to endorse your web sites to anyone who requires counselling about this subject.
stephen curry shoes http://www.stephcurry.us
Reply golden goose
23:08 on 1 November, 2020 
I needed to write you a little remark in order to thank you so much once again for the incredible pointers you've documented at this time. It's quite extremely open-handed of you to give without restraint precisely what a number of people would have marketed for an e book in order to make some profit for their own end, mostly now that you might well have done it in case you desired. Those tricks additionally served to provide a good way to be certain that many people have a similar passion really like my very own to know the truth much more with reference to this problem. I believe there are a lot more enjoyable occasions up front for folks who start reading your website.
golden goose http://www.goldengoose-shoes.us.com
Reply lebron shoes
23:08 on 1 November, 2020 
I in addition to my guys came reading through the good procedures on your web site and then quickly developed a terrible suspicion I had not expressed respect to the site owner for those secrets. All of the men were definitely as a result very interested to learn all of them and have now absolutely been having fun with them. Thanks for getting indeed kind and then for deciding upon this form of essential subject matter millions of individuals are really wanting to learn about. Our own honest apologies for not saying thanks to earlier.
lebron shoes http://www.lebronjames-shoes.us.com
Reply pg shoes
23:08 on 1 November, 2020 
My spouse and i ended up being now fortunate when Ervin managed to carry out his researching through your ideas he obtained while using the web page. It is now and again perplexing to simply continually be releasing hints people might have been making money from. And we acknowledge we have the website owner to be grateful to for that. The explanations you've made, the straightforward website menu, the relationships you will aid to promote - it's got most awesome, and it's really helping our son and the family reason why the idea is satisfying, and that is rather fundamental. Thanks for all the pieces!
pg shoes http://www.paulgeorgeshoes.us.com
Reply jordan shoes
23:08 on 1 November, 2020 
I have to voice my passion for your kind-heartedness supporting those who should have assistance with this issue. Your personal dedication to passing the message along came to be extremely insightful and has specifically encouraged somebody just like me to attain their endeavors. Your entire important instruction signifies much to me and even further to my office workers. Thanks a lot; from all of us.
jordan shoes http://www.retrojordanssale.com
Reply golden goose outlet
23:07 on 1 November, 2020 
Thanks a lot for providing individuals with an extremely memorable chance to read in detail from this website. It is usually very enjoyable and also full of a great time for me and my office peers to search your web site nearly thrice per week to read the fresh guidance you have. And definitely, I'm also at all times astounded considering the excellent tricks you give. Certain 2 tips in this posting are easily the most beneficial I have ever had.
golden goose outlet http://www.goldengoosesonline.com
Reply off white x nike
20:06 on 1 November, 2020 
I wanted to create you one tiny note to thank you the moment again just for the amazing methods you have featured above. It is so pretty generous of you to allow unhampered what exactly many of us would've advertised for an ebook to make some dough for themselves, primarily now that you might well have tried it in the event you wanted. The thoughts as well worked to provide a easy way to realize that other individuals have the identical keenness really like my very own to realize whole lot more concerning this condition. I am sure there are millions of more pleasurable times up front for individuals that discover your blog.
off white x nike http://www.nikexoffwhite.com

Categories

0
/
Lightbox image