Dedicated Site

The Mortgage & Loan Process

Funding Your Home Purchase

1. Financial Pre-Qualification or Pre-Approval

  • Fill out application and interview with lenders

  • Buyer provides pertinent documentation, including verification of employment

  • Credit report is requested

2. Underwriting

  • Loan package is submitted to underwriter for approval

3. Loan Approval

  • Parties are notified of approval

  • Loan documents are completed and sent to title company

4. Title Company

  • Title exam, insurance and title survey are conducted

5. Funding

  • Lender reviews the loan package

  • Funds are transferred by wire

Pre-Qualify vs. Pre-Approval

  • We recommend our buyers get pre-approved before beginning their home search. Knowing exactly how much you can comfortably spend on a home reduces the potential frustration of looking at homes beyond your means. When presenting an offer, showing that you have already gone through underwriting & are fully approved, allows us to present a stronger and more favorable offer against competition buyers who have only been pre-qualified.

CONTACT US

VA | DC | MD

6820 Elm St.,

McLean, Virginia 22101

SOUTH FLORIDA

1680 Meridian Ave.,

Miami Beach, FL 33139