The Mortgage Process...

When looking for a home loan or beginning the process of refinancing a home. You need to select a Texas mortgage broker that you feel is qualified to help you.

How do you discover a qualified mortgage broker? The 1st step begins with contacting them and asking questions. See if they are even able to do your loan. We put you in touch with qualified and licensed mortgage companies in Texas

Once you have a mortgage broker ready to assist you, you will have to undergo the pre-qualification process. Once pre-approved, there will be some other formalities to go through as well. (processing paper work, checking credit, ect.)

It will benecessary to fillout a 1003 mortgage loan application completely. At the time of application, you'll aslo be provided with a list of items that MUST be returned with your loan application. If these items are not turned in, this will delay getting your loan or losing your interest rate, if the processing period goes beyond the 30 day lock.

Be prepared to pay for a residential real estate appraisal, Up Front and Right Away. Your loan officer will advise you on the cost for an appraisal. No Exceptions, It Must Be Paid. It's required by the lender's underwriters. Does not matter which mortgage broker you use, they ALL require it upfront or pay the appraiser at time of apprasial service being performed.

After the intitial docs are received, the file (your loan) goes into processing. You will be contacted as additional documents are needed. Please don't be offended when we call you. Were trying to get your mortage loan funded!!! But you need to participate in the process too.