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.

6936 Comments

Reply off white
23:35 on 30 April, 2021 
I wanted to draft you a very small note in order to say thanks a lot again considering the exceptional knowledge you've shared above. It was so incredibly open-handed with you to present freely what exactly most of us might have offered as an ebook in making some cash for their own end, certainly considering the fact that you might well have done it in case you desired. These solutions additionally worked to be the easy way to recognize that the rest have the same fervor similar to mine to find out a lot more related to this condition. I think there are several more enjoyable times up front for individuals that examine your blog.
off white http://www.off-whiteshoes.us.com
Reply cheap jordans
23:34 on 30 April, 2021 
I enjoy you because of your own efforts on this site. My aunt takes pleasure in managing internet research and it is easy to see why. Almost all notice all relating to the lively way you create invaluable guidelines by means of this web site and as well as invigorate response from visitors on that subject matter then my princess is without a doubt studying a whole lot. Take advantage of the rest of the year. You are doing a glorious job.
cheap jordans http://www.jordansforcheap.us.com
Reply kd shoes
23:33 on 30 April, 2021 
I am also commenting to let you understand what a fantastic encounter my daughter enjoyed checking the blog. She mastered such a lot of pieces, including what it is like to have a great teaching mindset to let the others without difficulty learn about chosen specialized subject areas. You truly did more than my expectations. Thank you for coming up with such practical, dependable, informative and also fun thoughts on this topic to Evelyn.
kd shoes http://www.kevindurant-shoes.us.com
Reply golden goose
23:33 on 30 April, 2021 
Needed to post you that bit of remark just to thank you so much over again for your personal great views you've documented at this time. It has been quite tremendously open-handed with you to make unhampered what exactly a lot of folks could possibly have offered as an ebook to get some dough for their own end, chiefly given that you could possibly have done it if you ever decided. Those secrets in addition worked like the great way to fully grasp that some people have the same dream like my very own to realize lots more with regards to this matter. I know there are numerous more pleasant moments ahead for folks who read carefully your website.
golden goose http://www.goldengoose-sneakers.us
Reply golden goose
20:42 on 30 April, 2021 
I must express my thanks to this writer for bailing me out of this type of trouble. Because of searching throughout the world-wide-web and obtaining suggestions that were not helpful, I was thinking my entire life was gone. Being alive without the presence of strategies to the difficulties you've resolved by way of your write-up is a serious case, and the kind which might have badly damaged my entire career if I hadn't noticed your blog. Your own competence and kindness in maneuvering all the pieces was useful. I'm not sure what I would have done if I hadn't come upon such a stuff like this. I'm able to at this time look forward to my future. Thanks a lot so much for this impressive and effective guide. I won't think twice to propose your site to any individual who wants and needs counselling on this subject.
golden goose http://www.goldengoose-shoes.us.com
Reply moncler outlet
16:24 on 30 April, 2021 
My husband and i got so fortunate that Louis managed to deal with his survey while using the ideas he made using your web page. It is now and again perplexing just to happen to be giving for free secrets and techniques that many a number of people might have been selling. And we also know we need the blog owner to give thanks to for that. These illustrations you have made, the simple website navigation, the relationships your site help to instill - it's many amazing, and it's really making our son and us recognize that that issue is excellent, and that is extraordinarily pressing. Thank you for the whole thing!
moncler outlet http://www.monclersoutletstore.com
Reply yeezy boost 350
16:22 on 30 April, 2021 
I in addition to my friends were found to be following the good information located on your web site then then came up with a horrible suspicion I had not expressed respect to you for those secrets. My men were definitely for that reason stimulated to see them and now have pretty much been taking pleasure in those things. Thanks for getting quite accommodating and then for getting variety of awesome guides most people are really desperate to be aware of. Our own sincere apologies for not expressing appreciation to sooner.
yeezy boost 350 http://www.yeezy-boost.us.com
Reply yeezy boost 350 v2
16:21 on 30 April, 2021 
I precisely needed to appreciate you once again. I do not know the things I could possibly have followed in the absence of the creative ideas documented by you over that theme. It was before a terrifying matter in my position, however , being able to view a professional tactic you handled it forced me to cry for contentment. Now i am grateful for your advice as well as trust you recognize what a powerful job you happen to be getting into educating the mediocre ones thru your site. Most probably you haven't met any of us.
yeezy boost 350 v2 http://www.adidasyeezy350v2boost.com
Reply curry shoes
11:37 on 30 April, 2021 
I would like to show thanks to the writer just for bailing me out of this particular incident. Right after scouting throughout the online world and coming across tricks which were not powerful, I thought my life was done. Living minus the solutions to the difficulties you've fixed by means of your entire guideline is a serious case, as well as the kind that might have in a wrong way damaged my career if I hadn't discovered your web blog. Your good mastery and kindness in taking care of all the things was important. I'm not sure what I would've done if I had not come upon such a step like this. I can also at this point relish my future. Thanks a lot so much for this high quality and amazing help. I won't think twice to suggest the website to any individual who would need care about this subject.
curry shoes http://www.curry7shoes.us
Reply kevin durant shoes
10:49 on 30 April, 2021 
Thank you for your own hard work on this blog. My mum really likes doing investigation and it's really simple to grasp why. My spouse and i notice all about the powerful medium you provide very helpful suggestions on this web blog and invigorate contribution from some other people on that theme while our favorite girl is always starting to learn a lot. Have fun with the rest of the new year. You are carrying out a dazzling job.
kevin durant shoes http://www.kd12.us.com
Reply golden goose
10:19 on 30 April, 2021 
Thank you a lot for giving everyone an exceptionally breathtaking chance to check tips from this site. It's always very pleasing plus packed with fun for me and my office mates to visit your web site at the very least thrice per week to read through the latest stuff you will have. And indeed, I am also always happy with all the powerful inspiring ideas you serve. Certain two areas on this page are basically the simplest we have all had.
golden goose http://www.goldengoosesneakers.us.org
Reply lebron 17
7:15 on 30 April, 2021 
I just wanted to type a message in order to thank you for these fabulous ways you are giving out on this site. My incredibly long internet investigation has finally been rewarded with good know-how to share with my great friends. I would assume that most of us visitors are very fortunate to live in a good place with so many outstanding professionals with good techniques. I feel very happy to have seen your entire web page and look forward to really more awesome moments reading here. Thanks again for all the details.
lebron 17 http://www.lebron17s.us
Reply kyrie 7 shoes
6:18 on 30 April, 2021 
I not to mention my guys have already been looking at the best helpful hints on your web blog while suddenly I got an awful feeling I never expressed respect to you for them. The young men are actually consequently warmed to study all of them and already have in reality been taking advantage of those things. Many thanks for really being considerably accommodating and then for utilizing varieties of notable subjects most people are really needing to learn about. Our own sincere regret for not saying thanks to sooner.
kyrie 7 shoes http://www.kyrie7shoes.us
Reply curry 6 shoes
5:25 on 30 April, 2021 
I simply needed to say thanks again. I do not know the things I would've worked on without the type of smart ideas contributed by you relating to that topic. It was an absolute alarming circumstance for me personally, but taking a look at the very well-written strategy you handled the issue made me to cry with contentment. I am just happy for the support and sincerely hope you comprehend what a powerful job that you're putting in instructing people today via a blog. I am certain you have never got to know any of us.
curry 6 shoes http://www.curry6.net
Reply off white shoes
5:24 on 30 April, 2021 
I actually wanted to post a small note in order to say thanks to you for some of the fantastic facts you are writing at this website. My time-consuming internet search has finally been recognized with excellent information to write about with my best friends. I would assume that we readers actually are unquestionably lucky to live in a useful place with very many perfect professionals with useful basics. I feel very much happy to have come across your site and look forward to really more excellent moments reading here. Thanks a lot once more for a lot of things.
off white shoes http://www.offwhite.us.com
Reply 100% real jordans for cheap
4:21 on 30 April, 2021 
I'm also writing to let you be aware of what a outstanding encounter my princess had studying the blog. She came to understand a wide variety of issues, which included what it is like to have an awesome teaching style to make many more effortlessly completely grasp several complicated matters. You truly surpassed our own expectations. Thank you for displaying the effective, trustworthy, edifying and easy tips on that topic to Tanya.
100% real jordans for cheap http://www.jordansforcheap.us.com
Reply jordan shoes
4:20 on 30 April, 2021 
I needed to send you the very small word so as to give thanks once again about the nice methods you have shared on this website. It's really particularly generous with people like you to deliver openly just what most people would have offered as an e book to help with making some bucks on their own, most notably since you might have done it in case you desired. These ideas in addition acted to be a easy way to know that some people have similar desire much like my personal own to grasp good deal more with respect to this problem. I'm sure there are a lot more fun times in the future for those who find out your blog post.
jordan shoes http://www.jordan11retro.us.com
Reply golden goose outlet
4:19 on 30 April, 2021 
I and my pals have been reviewing the good key points found on your website and so at once I got a horrible feeling I had not expressed respect to the website owner for those tips. Most of the young boys were definitely certainly joyful to read all of them and have in effect in actuality been enjoying them. Thank you for genuinely simply accommodating and for picking out varieties of beneficial useful guides millions of individuals are really needing to discover. Our sincere apologies for not expressing appreciation to you sooner.
golden goose outlet http://www.goldengooses.us
Reply moncler jacket
1:32 on 30 April, 2021 
I and also my buddies were actually following the good tactics from your web page and then at once developed a terrible feeling I never expressed respect to the web blog owner for those secrets. Most of the men are already absolutely excited to see all of them and have in effect extremely been using those things. Thanks for actually being simply accommodating and then for selecting variety of excellent tips millions of individuals are really desirous to be informed on. Our own sincere regret for not saying thanks to you earlier.
moncler jacket http://www.monclersoutletstore.com
Reply yeezy shoes
22:13 on 29 April, 2021 
I have to convey my love for your generosity supporting those people who require help on that matter. Your special commitment to getting the solution all around has been wonderfully useful and have usually allowed guys like me to achieve their objectives. Your useful guideline signifies a lot a person like me and far more to my colleagues. With thanks; from all of us.
yeezy shoes http://www.yeezysus.com

Categories

0
/
Lightbox image