What to expect
The Loan Process
Buying or refinancing a home can be an exciting time.
But it can also be a daunting one. The key to success (and happiness) is to be organized & have a basic understanding of what's expected of you and your team during the process. Here’s a simplified list of what you can expect.
WHAT TO EXPECT
Loan Application.
Borrower can apply online or meet with a Loan Officer face to face, or communicate through email, phone or fax. Customize loan products to meet individual needs. Maintain communication throughout the loan process to closing. Use our Mortgage Calculator to find out what you qualify for.
Loan Set Up.
Send required disclosures to client.
Order residential appraisal.
Send verification to applicable entities.
Loan Processing.
The processor is your contact during all processing and compiling of information for loan submission. Email all information for loan processing to your processor.
Underwriting.
Evaluation of credit and property in determining adherence to Supreme Lending guidelines.
Closing.
Supreme Lending prepares Closing Disclosure, then provides final closing figures.
Loan Officer will send prepared Closing Disclosure for borrower signature 3 days prior to closing.
Supreme Lending sends prepared docs to the title company.
Post-Closing.
Please feel free to contact us for any assistance you may need after closing. Thank you for the opportunity to serve your mortgage needs.