Our mortgage team strives to make your approval process as easy as possible! Typically, there are 3 steps in the mortgage approval process.
- Submit a credit application through us. We will then pull your credit and make an initial underwriting decision.
- We will review your employment status and history, income, and asset information for an initial loan approval.
- Finally, we will review the specifics of the property you are financing, including the appraisal, title insurance, homeowners insurance, sales contract, and other items needed to determine the viability of the home being purchased or refinanced.
Typically, this process takes about 2 – 3 weeks. The key to a successful approval is providing all requested financial information to our mortgage lender as soon as possible!