First Time Homebuyers

Step 4:

Processing Your Loan

As soon as your application is completed, we will process your loan. This includes:

  • Ordering the appraisal
  • Ordering a credit report
  • Sending out written verification of your depository accounts
  • Sending out written mortgage ratings or landlord ratings, if you are currently renting
  • Ordering a Preliminary Title Report on the property
  • Other miscellaneous exhibits

We will follow up on your file to make sure that all information requested is received within a reasonable time. We will follow up with employers, banks, landlords, or others who are verifying information.

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