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.
6936 Comments
Reply
a bathing ape
13:04 on 23 April, 2021
I am writing to make you know of the exceptional experience our princess undergone browsing your blog. She picked up plenty of issues, most notably how it is like to possess an awesome teaching character to let other folks easily completely grasp a number of grueling topics. You truly exceeded people's expected results. Thank you for coming up with the powerful, trustworthy, educational and as well as cool tips on this topic to Sandra.
a bathing ape http://www.bathing-ape.us
a bathing ape http://www.bathing-ape.us
Reply
lebron 16
13:03 on 23 April, 2021
Thank you a lot for giving everyone an extremely splendid opportunity to read in detail from this site. It can be so good plus jam-packed with a good time for me and my office co-workers to visit the blog no less than 3 times weekly to see the fresh guidance you have got. And definitely, I'm so actually motivated considering the mind-boggling tactics you give. Certain 3 facts in this post are truly the most suitable we've ever had.
lebron 16 http://www.lebron16.us
lebron 16 http://www.lebron16.us
Reply
supreme
8:32 on 23 April, 2021
Needed to compose you a very little observation to say thanks again for your magnificent concepts you have provided in this case. It was quite extremely generous of people like you to give easily what exactly some people could have sold as an ebook to help make some cash on their own, especially seeing that you might have done it if you ever decided. The creative ideas as well worked as a easy way to comprehend most people have the same dreams really like mine to see lots more in respect of this issue. Certainly there are numerous more pleasant opportunities in the future for people who scan through your blog post.
supreme http://www.supremesonline.com
supreme http://www.supremesonline.com
Reply
100% real jordans for cheap
8:22 on 23 April, 2021
I truly wanted to make a brief message to be able to appreciate you for those marvelous ideas you are posting at this site. My prolonged internet lookup has finally been honored with incredibly good information to go over with my classmates and friends. I would claim that many of us visitors actually are undeniably lucky to live in a decent site with many perfect people with interesting points. I feel rather blessed to have discovered the web pages and look forward to some more enjoyable moments reading here. Thanks a lot once more for a lot of things.
100% real jordans for cheap http://www.jordansforcheap.us.com
100% real jordans for cheap http://www.jordansforcheap.us.com
Reply
yeezy
8:19 on 23 April, 2021
I happen to be writing to make you know of the impressive encounter my child had browsing your blog. She figured out a good number of things, including how it is like to possess an awesome coaching mindset to get many more just understand a number of grueling subject matter. You really did more than our desires. Thanks for providing the practical, safe, informative and as well as unique tips on that topic to Tanya.
yeezy http://www.yeezyadidas.us
yeezy http://www.yeezyadidas.us
Reply
kd shoes
7:36 on 23 April, 2021
I want to point out my passion for your generosity for those who have the need for help on the concept. Your real commitment to getting the solution up and down appeared to be certainly advantageous and have usually permitted women just like me to get to their endeavors. Your amazing valuable help and advice entails so much a person like me and substantially more to my fellow workers. Many thanks; from each one of us.
kd shoes http://www.kevindurantshoes.us.com
kd shoes http://www.kevindurantshoes.us.com
Reply
stephen curry shoes
7:08 on 23 April, 2021
Thank you so much for providing individuals with an extraordinarily remarkable chance to read in detail from this website. It is usually very good and also full of a good time for me and my office acquaintances to search the blog at a minimum three times weekly to learn the latest guides you have. Not to mention, I'm so usually satisfied concerning the unique techniques served by you. Certain 2 tips on this page are in truth the most efficient we've ever had.
stephen curry shoes http://www.stephencurry-shoes.us.com
stephen curry shoes http://www.stephencurry-shoes.us.com
Reply
curry 6 shoes
6:26 on 23 April, 2021
I as well as my guys were checking the nice ideas located on your website then instantly got an awful suspicion I had not expressed respect to the blog owner for those secrets. Most of the guys are already for that reason warmed to read through them and already have in fact been loving them. Appreciation for turning out to be very accommodating and then for considering these kinds of outstanding ideas most people are really eager to learn about. Our sincere regret for not expressing appreciation to you sooner.
curry 6 shoes http://www.curry-6.us
curry 6 shoes http://www.curry-6.us
Reply
giannis shoes
4:09 on 23 April, 2021
I enjoy you because of your own effort on this blog. My mum takes pleasure in making time for research and it's simple to grasp why. A number of us notice all relating to the lively method you deliver priceless items via your web blog and therefore increase contribution from visitors on that area of interest plus my girl is now becoming educated a great deal. Take advantage of the rest of the new year. Your doing a powerful job.
giannis shoes http://www.giannisantetokounmposhoes.us
giannis shoes http://www.giannisantetokounmposhoes.us
Reply
birkin bag
3:10 on 23 April, 2021
I want to show my admiration for your kind-heartedness for those who need assistance with that theme. Your special dedication to passing the solution throughout had been exceedingly effective and has constantly empowered workers just like me to realize their desired goals. The warm and helpful key points implies this much to me and even further to my fellow workers. Thank you; from each one of us.
birkin bag http://www.hermesbirkinbags.us.com
birkin bag http://www.hermesbirkinbags.us.com
Reply
golden goose shoes
22:25 on 22 April, 2021
I precisely wished to appreciate you yet again. I'm not certain the things that I would've implemented without the actual concepts documented by you on my situation. It was an absolute challenging crisis for me, but spending time with the professional fashion you resolved it forced me to weep over delight. I'm happier for the guidance and even hope that you are aware of a powerful job that you are doing training other individuals via your blog post. More than likely you've never met any of us.
golden goose shoes http://www.goldengoose-shoes.us.com
golden goose shoes http://www.goldengoose-shoes.us.com
Reply
kyrie 4
22:25 on 22 April, 2021
A lot of thanks for your whole effort on this website. Betty delights in going through investigations and it is easy to understand why. All of us hear all about the compelling manner you present both interesting and useful steps through this blog and as well as improve participation from others on that concern while my daughter has always been being taught a whole lot. Have fun with the remaining portion of the new year. You are always carrying out a fantastic job.
kyrie 4 http://www.kyrie4shoes.us
kyrie 4 http://www.kyrie4shoes.us
Reply
kobe
22:24 on 22 April, 2021
I am only writing to let you understand what a notable discovery our girl obtained studying your web page. She noticed a wide variety of details, most notably what it's like to have an incredible teaching mindset to make the mediocre ones smoothly fully understand a number of complicated subject areas. You actually exceeded readers' desires. Thanks for giving these great, trusted, edifying not to mention easy guidance on the topic to Evelyn.
kobe http://www.kobe.us.com
kobe http://www.kobe.us.com
Reply
supreme new york
22:23 on 22 April, 2021
My wife and i ended up being very cheerful that Emmanuel could do his analysis by way of the ideas he came across through the site. It's not at all simplistic to just continually be making a gift of tricks that the others might have been selling. And we also fully understand we have you to be grateful to for this. All of the illustrations you made, the simple blog navigation, the friendships you aid to foster - it's got mostly awesome, and it's aiding our son and the family feel that the matter is exciting, which is certainly rather fundamental. Many thanks for all!
supreme new york http://www.supremeclothingstore.com
supreme new york http://www.supremeclothingstore.com
Reply
golden goose sneakers
22:23 on 22 April, 2021
My husband and i got now lucky Louis managed to finish off his studies because of the precious recommendations he acquired in your web page. It's not at all simplistic just to find yourself handing out thoughts which usually the rest could have been making money from. And now we figure out we've got the website owner to appreciate because of that. The illustrations you have made, the straightforward web site navigation, the friendships you aid to promote - it's all remarkable, and it's really helping our son in addition to us believe that the subject is cool, which is seriously essential. Many thanks for everything!
golden goose sneakers http://www.goldengoosesneakers.us.org
golden goose sneakers http://www.goldengoosesneakers.us.org
Reply
hermes belt
22:23 on 22 April, 2021
I simply wanted to type a brief remark in order to appreciate you for those great strategies you are giving out on this website. My time consuming internet search has at the end been compensated with good quality insight to go over with my classmates and friends. I 'd admit that we site visitors are definitely fortunate to exist in a fabulous website with many awesome people with useful things. I feel somewhat grateful to have discovered the webpages and look forward to really more amazing moments reading here. Thanks again for all the details.
hermes belt http://www.hermesbelts.com
hermes belt http://www.hermesbelts.com
Reply
kyrie 4
18:01 on 22 April, 2021
Thanks a lot for giving everyone a very marvellous opportunity to read from this web site. It really is so useful and as well , stuffed with a great time for me and my office fellow workers to search your blog on the least three times in a week to study the latest stuff you have got. And of course, I'm so at all times happy for the tremendous solutions served by you. Certain 4 areas on this page are ultimately the best we have ever had.
kyrie 4 http://www.kyrie4shoes.us
kyrie 4 http://www.kyrie4shoes.us
Reply
jordan 12
17:59 on 22 April, 2021
My wife and i have been so relieved Chris could conclude his survey from your ideas he gained out of the web pages. It's not at all simplistic to just possibly be giving away tips that many men and women have been selling. We know we have got you to give thanks to because of that. The main illustrations you have made, the simple website menu, the friendships you can give support to promote - it's all incredible, and it's really facilitating our son in addition to the family consider that this issue is cool, and that is extremely important. Thanks for the whole lot!
jordan 12 http://www.jordan12.us.com
jordan 12 http://www.jordan12.us.com
Reply
jordans
17:59 on 22 April, 2021
I really wanted to jot down a comment to thank you for these stunning guidelines you are giving out at this site. My extensive internet search has at the end been paid with extremely good know-how to go over with my companions. I 'd assume that we site visitors actually are unquestionably fortunate to dwell in a useful website with very many awesome individuals with helpful ideas. I feel very much blessed to have seen your webpages and look forward to tons of more pleasurable times reading here. Thank you again for a lot of things.
jordans http://www.jordansshoes.us.org
jordans http://www.jordansshoes.us.org
Reply
yeezy boost 350 v2
17:58 on 22 April, 2021
Thank you a lot for giving everyone an extremely remarkable possiblity to read from here. It's always so kind and as well , full of amusement for me and my office fellow workers to visit your blog the equivalent of three times per week to read the new tips you have. Not to mention, I am just at all times impressed concerning the staggering pointers served by you. Some 3 points in this post are in fact the very best we have all had.
yeezy boost 350 v2 http://www.yeezy350boostv2s.us
yeezy boost 350 v2 http://www.yeezy350boostv2s.us
Oops!
Oops, you forgot something.