We understand the loan process can seem daunting and confusing; it does not have to be. We are here to help you every step of the way. Our team of professionals have helped thousands of people become homeowners over the years and we can do the same for you.
With so many financing options out there, there is a loan program to fit almost everyone’s unique needs. Call us today to begin your journey of homeownership.
For more Mortgage information check out AmericanPacificMortgage Blog.
Your total monthly payment
Do’s & Don’ts of Mortgage Loan Process
FOLLOW THESE TIPS TO GET YOUR HOME LOAN FUNDED ON TIME
You will be asked for permission to run credit and requested to provide income and asset documentation. You will also be requested to sign an eConsent form.
FIND A HOME
Provide the purchase property address to your loan Advisor to finalize your loan application.
INITIAL LOAN DISCLOSURES
Sign and return your initial disclosures as quickly as possible to prevent closing delays.
Contact your insurance agent to set up your home owners insurance and provide information to your loan advisor.
APPRAISAL & INSPECTIONS
Provide credit authorization to order a home appraisal as needed.
TAKE A COFFEE BREAK
We’re taking care of the rest!
SIGNING CLOSING FUNDING
Review and sign all loan documents according to the Title Company instructions.
After the loan has received final loan approval, we will prepare the loan documents and send them to Escrow.
CD WAIT PERIOD
By law, loan documents cannot be signed before the CD wait period. This wait period is either 3 business days after all borrowers have signed the CD, or 6 business days after the CD was provided to you, whichever is less.
FINAL APPROVAL & INITIAL CLOSING DISCLOSURE (CD)
When you receive the Closing Disclosure, it is CRITICAL to have all borrowers on the loan sign and return as quickly as possible
If additional documentation is request, provide it right away to prevent closing delays.
Loan Process & ABCs
Check out our Loan ABCs with terms and information
Questions? Reach out today!
*Prices and interest rates are subject to change without notice. Advertised monthly payments are based on principal and interest only. Other fees such as taxes, homeowner’s insurance and HOA fees are not included and will result in a greater actual monthly payment amount. For all types of financing, eligibility requirements do apply.