An overview of the loan process - Equity Loans mortgage process timeline

Overview of the Loan Process Timeline

Make no mistake, there's a lot involved in getting a mortgage loan. You wouldn't be here on our website if you could fill out a one-page application and get the best loan for you funded the same day. In fact given todays financial environment and new federal lending laws it is mort important than ever to execute everything in a timing manner to ensure an on time closing. Once you begin your application you loan will be monitored by our contract to close department which will keep you informed every step of the way.

* In order to achieve an on time closing, the closing should be scheduled 30 calendar days from the date of application, not the date of contract. If you have not started an application prior to entering into a contract the closing should be scheduled 45 days from contract if possible to allow enough time to ensure an on time closing.

* It is always a good idea to consult both your realtor and mortgage professional to determine an appropriate timeline for your contract offer and closing.

Printable Loan Process Flyer Equity Loans - Loan Process.pdf