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.
6937 Comments
Reply
giannis shoes
9:08 on 20 April, 2021
My spouse and i felt more than happy when Jordan managed to carry out his preliminary research because of the precious recommendations he grabbed through your weblog. It's not at all simplistic just to be giving for free helpful hints which usually the others have been trying to sell. We really fully grasp we now have the writer to give thanks to because of that. All of the illustrations you made, the simple website menu, the friendships you will assist to engender - it is many astonishing, and it's really leading our son in addition to our family imagine that that situation is entertaining, and that is exceedingly important. Thanks for the whole lot!
giannis shoes http://www.giannisantetokounmposhoes.us
giannis shoes http://www.giannisantetokounmposhoes.us
Reply
bape
9:06 on 20 April, 2021
I simply wanted to type a brief message in order to say thanks to you for the remarkable concepts you are posting at this site. My extensive internet research has now been compensated with wonderful facts and strategies to exchange with my contacts. I 'd express that most of us visitors actually are unquestionably blessed to live in a fabulous community with very many wonderful people with helpful opinions. I feel somewhat blessed to have discovered your entire site and look forward to some more pleasurable times reading here. Thank you once again for a lot of things.
bape http://www.bapehoodie.us
bape http://www.bapehoodie.us
Reply
a bathing ape
5:41 on 20 April, 2021
I simply wished to thank you so much yet again. I am not sure the things that I would've followed in the absence of the points discussed by you directly on that problem. It has been a real scary matter for me personally, however , witnessing the very professional mode you processed that made me to jump with gladness. Now i'm grateful for this guidance and in addition have high hopes you find out what a great job that you're providing instructing many people with the aid of your web blog. I am sure you have never encountered any of us.
a bathing ape http://www.bapes.us.org
a bathing ape http://www.bapes.us.org
Reply
yeezy supply
4:31 on 20 April, 2021
I needed to create you a very little word to give many thanks again considering the unique things you've documented in this article. It has been quite shockingly generous of people like you to deliver unhampered just what some people might have supplied for an electronic book to help with making some money for their own end, principally since you could possibly have tried it in case you considered necessary. These creative ideas as well acted like the good way to know that the rest have similar eagerness just like my personal own to learn good deal more with respect to this condition. I think there are several more fun occasions up front for those who looked over your blog post.
yeezy supply http://www.yeezyshoessupply.com
yeezy supply http://www.yeezyshoessupply.com
Reply
off white
3:15 on 20 April, 2021
I am just commenting to make you understand of the amazing discovery my friend's daughter developed browsing your web site. She discovered lots of issues, with the inclusion of what it's like to possess a very effective coaching character to get other folks quite simply comprehend various tortuous issues. You actually surpassed her expected results. Many thanks for presenting these practical, safe, edifying and also unique tips on the topic to Julie.
off white http://www.offwhite.us.com
off white http://www.offwhite.us.com
Reply
off white
1:40 on 20 April, 2021
I wish to express thanks to you just for bailing me out of this particular predicament. Just after browsing throughout the search engines and seeing ideas which were not productive, I thought my entire life was done. Being alive minus the answers to the difficulties you have sorted out all through your entire write-up is a crucial case, and the ones that could have negatively affected my career if I had not encountered your site. Your main mastery and kindness in playing with a lot of stuff was tremendous. I am not sure what I would've done if I had not encountered such a subject like this. I can also at this moment look ahead to my future. Thank you very much for your professional and effective guide. I will not be reluctant to recommend your web site to anybody who needs recommendations on this area.
off white http://www.offwhiteoutlet.us.org
off white http://www.offwhiteoutlet.us.org
Reply
supreme new york
1:39 on 20 April, 2021
I and my friends have been viewing the great ideas on your web site and so before long developed an awful feeling I never expressed respect to the web blog owner for those techniques. These women happened to be as a result very interested to learn all of them and already have very much been enjoying those things. I appreciate you for actually being indeed thoughtful and also for having varieties of decent themes most people are really eager to understand about. My personal honest apologies for not saying thanks to earlier.
supreme new york http://www.supremeclothingstore.com
supreme new york http://www.supremeclothingstore.com
Reply
curry 8
1:39 on 20 April, 2021
I must express my appreciation to this writer for bailing me out of this particular problem. Just after surfing through the world wide web and meeting methods which are not productive, I was thinking my life was done. Being alive minus the strategies to the problems you've fixed by means of your good blog post is a serious case, as well as the ones which may have adversely affected my career if I hadn't discovered your blog post. Your own understanding and kindness in taking care of a lot of stuff was tremendous. I am not sure what I would've done if I had not encountered such a stuff like this. I'm able to at this time relish my future. Thanks for your time very much for the high quality and sensible help. I will not think twice to suggest your web site to any individual who requires tips about this problem.
curry 8 http://www.curry8shoes.us
curry 8 http://www.curry8shoes.us
Reply
yeezy shoes
1:38 on 20 April, 2021
I wanted to write you the bit of remark to be able to say thank you over again about the incredible techniques you have shown at this time. This is certainly incredibly generous with you to allow easily precisely what some people could have offered for sale as an e-book to generate some dough on their own, especially since you could possibly have done it if you ever decided. Those pointers in addition worked to be the easy way to be sure that the rest have a similar desire just like my personal own to realize lots more with respect to this condition. I am certain there are several more pleasurable instances up front for folks who scan through your site.
yeezy shoes http://www.yeezysneakers.us
yeezy shoes http://www.yeezysneakers.us
Reply
golden goose
1:38 on 20 April, 2021
I simply needed to thank you very much once more. I am not sure what I would've undertaken in the absence of the entire techniques discussed by you over that problem. It seemed to be a very scary dilemma in my opinion, nevertheless being able to view a specialised form you handled it took me to cry over fulfillment. I'm happier for your guidance and in addition expect you recognize what an amazing job you have been carrying out training the rest all through your web site. I know that you haven't got to know all of us.
golden goose http://www.goldengoosesneakers.us.com
golden goose http://www.goldengoosesneakers.us.com
Reply
supreme clothing
0:40 on 20 April, 2021
I simply desired to thank you very much yet again. I'm not certain what I would have taken care of in the absence of the entire solutions discussed by you over such situation. It has been a real difficult crisis in my position, nevertheless witnessing a expert mode you solved that made me to weep with delight. I am just thankful for your advice and then expect you realize what a great job that you're providing educating most people all through a web site. I am certain you haven't met all of us.
supreme clothing http://www.supremeclothings.us.com
supreme clothing http://www.supremeclothings.us.com
Reply
off white hoodie
0:27 on 20 April, 2021
I precisely desired to thank you very much again. I'm not certain what I would have done in the absence of the type of information revealed by you over such question. It has been a difficult scenario for me personally, nevertheless observing a new specialized way you resolved it took me to jump with gladness. Now i'm grateful for the information and even wish you know what a great job you have been carrying out training other individuals using your webblog. More than likely you've never met all of us.
off white hoodie http://www.offwhitehoodies.us
off white hoodie http://www.offwhitehoodies.us
Reply
kyrie 5
22:50 on 19 April, 2021
My husband and i got more than happy that Edward managed to complete his investigation through the entire precious recommendations he had while using the web page. It is now and again perplexing just to continually be giving for free information which often some people might have been selling. We take into account we have the writer to appreciate for this. All of the explanations you've made, the simple site navigation, the relationships you give support to foster - it's many remarkable, and it's really aiding our son in addition to our family imagine that this issue is brilliant, which is especially important. Thanks for all the pieces!
kyrie 5 http://www.kyrie5.org
kyrie 5 http://www.kyrie5.org
Reply
kyrie irving shoes
16:57 on 19 April, 2021
I actually wanted to develop a simple message so as to say thanks to you for all of the awesome items you are writing on this site. My time-consuming internet look up has now been recognized with reliable strategies to exchange with my great friends. I would suppose that many of us visitors actually are quite blessed to be in a remarkable site with so many perfect professionals with very beneficial pointers. I feel really privileged to have come across your website and look forward to really more cool times reading here. Thanks again for all the details.
kyrie irving shoes http://www.kyrie7shoes.us
kyrie irving shoes http://www.kyrie7shoes.us
Reply
bape
16:56 on 19 April, 2021
I simply had to say thanks once again. I do not know the things I could possibly have undertaken in the absence of the actual recommendations shown by you over this field. This has been a very frightening crisis in my opinion, nevertheless viewing your expert technique you managed the issue took me to jump with joy. I am grateful for this service and trust you realize what a great job you are getting into educating the others using your websites. Probably you have never encountered all of us.
bape http://www.bapesonline.com
bape http://www.bapesonline.com
Reply
cheap jordans
16:56 on 19 April, 2021
I must express appreciation to you just for bailing me out of this type of condition. Because of checking throughout the online world and getting solutions that were not pleasant, I assumed my life was over. Existing devoid of the strategies to the issues you've resolved by means of this guideline is a critical case, as well as ones that could have in a wrong way damaged my entire career if I had not come across your web page. Your personal ability and kindness in handling everything was very helpful. I'm not sure what I would've done if I had not encountered such a stuff like this. I am able to at this time look ahead to my future. Thanks very much for this high quality and result oriented guide. I will not be reluctant to propose the blog to anybody who should have guide on this subject.
cheap jordans http://www.cheapjordan.us
cheap jordans http://www.cheapjordan.us
Reply
kobe sneakers
16:55 on 19 April, 2021
I really wanted to send a note in order to appreciate you for all the great items you are showing on this website. My time-consuming internet look up has at the end of the day been honored with high-quality details to write about with my good friends. I would say that many of us site visitors actually are really blessed to live in a remarkable site with very many wonderful individuals with great opinions. I feel extremely lucky to have come across your web site and look forward to some more pleasurable minutes reading here. Thanks again for everything.
kobe sneakers http://www.kobesneakers.com
kobe sneakers http://www.kobesneakers.com
Reply
curry 8
16:55 on 19 April, 2021
I precisely wanted to appreciate you again. I am not sure the things that I would've taken care of without those ways shown by you relating to that field. It was before the scary problem in my circumstances, but understanding this skilled manner you resolved the issue forced me to jump for contentment. I'm thankful for the advice and trust you know what a great job you happen to be putting in teaching the mediocre ones with the aid of a site. I'm certain you have never met any of us.
curry 8 http://www.curry8shoes.us
curry 8 http://www.curry8shoes.us
Reply
steph curry shoes
16:54 on 19 April, 2021
I simply needed to thank you so much once more. I'm not certain the things that I would have undertaken without these strategies shared by you over this field. It absolutely was a daunting setting in my view, nevertheless noticing the very skilled mode you treated it made me to jump with joy. I am happier for this advice and sincerely hope you recognize what a powerful job you are undertaking training other individuals through the use of your web site. More than likely you have never encountered any of us.
steph curry shoes http://www.stephencurry-shoes.us.com
steph curry shoes http://www.stephencurry-shoes.us.com
Reply
michael jordan shoes
16:54 on 19 April, 2021
I wish to show my appreciation to the writer just for bailing me out of this type of trouble. Because of looking throughout the internet and meeting ways which were not helpful, I believed my entire life was over. Living without the presence of solutions to the problems you've solved as a result of your main website is a crucial case, and those which may have badly damaged my entire career if I hadn't discovered the blog. Your personal understanding and kindness in playing with almost everything was very useful. I don't know what I would have done if I had not come across such a step like this. It's possible to now look ahead to my future. Thanks very much for this skilled and result oriented guide. I won't think twice to suggest your web sites to any person who should have direction on this topic.
michael jordan shoes http://www.michaeljordanshoes.us.com
michael jordan shoes http://www.michaeljordanshoes.us.com
Oops!
Oops, you forgot something.