Action Responsible Party Details Apply Applicant Apply online. This will set the process into motion. Whether you want to get pre-qualified and have not yet found a property or whether you have made an offer this will enable a loan officer to assess your application Credit Check & Pre-qualification  Loan Officer We check credit and pre-qualify using our artificial intelligence software.  This system  will assess your credit, income and assets to quickly determine what loan(s) you qualify for. Loan Agent Contact by Phone Loan Officer On a purchase loan it is vital that a mortgage professional guide the process. This first connection with the loan officer will get a dialogue started which will insure that you get the loan you want and that it funds when you need it to fund. Rate Lock & Appraisal  Both Once you determine what loan amount, loan type and rate you want, your loan officer will lock the rate with a lender and order an appraisal. Required Loan Documentation and Paperwork  Both Paperwork is still a big part of the loan process. We will mail you the printed loan application, some other forms to sign and a document checklist. Get this back to us. If you have questions, call or e-mail your loan officer Loan Submission to our underwriters  Processor Once all of the paperwork is assembled by our processors, our underwriters submit the loan package to the lender for final underwriting.. Lender Underwriting & Approval  Underwriter An underwriter reviews the package and e-mails an approval to the loan officer with any conditions necessary for the approval.  Most conditions are taken care of by us.  However, on occasion, you may need to provide additional paperwork or explain some details. Clear Conditions  Processor Our closer gets the conditions from whomever is to provide them and submits them to the lender. Loan Documents Delivered  Escrow Our doc department draws the documents and delivers them to the escrow agent. The escrow agent will call you to arrange signing. This is coordinated by our closer, your Realtor and the escrow agent Loan Funding  Escrow/Funder Once the signed documents are returned to our funding department they will be reviewed. The escrow agent will request a wire transfer of the loan funds, close and record the transaction. Back to Purchase guide