Mortgages Process

 
When you're buying a home, mortgage lenders don't look just at your income, assets, and the down payment you have. They look at all of your liabilities and obligations as well, including auto loans, credit card debt, child support, potential property taxes & insurance, and your overall credit rating. But dont worry, we have wonderful lenders to break down the process and make it a breeze for you.

 

 

WE WORK WITH TRUSTED & ESTEEMED LENDERS WHO CAN HELP YOU GET STARTED ON THE MORTGAGE PROCESS TODAY!

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-Qualification 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.

Call us today so we can help you get started

CONTACT US

VA | DC | MD

6820 Elm St.,

McLean, Virginia 22101

South Florida

1680 Meridian Ave.,

Miami Beach, FL 33139