Overview for Home Mortgage Loans

Your Home Mortgage Loan Package

Your home mortgage loan package must be returned to our office, with the required documentation, by the date specified on the cover letter.  Once information is verified, a mortgage product is selected & Appraisal ordered.

Home Mortgage Loan Process
 
Once the home mortgage loan package is complete, your loan officer will submit the package to underwriting. Your file will be in underwriting for 2 - 3 business days.   No updates will be available during this time period.
 
Once approval is obtained, certain conditions may apply in order to obtain your final clear to close. When your initial approval has been obtained, a loan processor will contact you and review the procedure to get your home mortgage loan to closing. 

The processor and the Title Company (Attorney's Office) will coordinate a closing date with you.

***Most refinance transactions are completed in 10 business days.

Title Insurance 

 Title insurance will be ordered immediately. 

Your title insurance company (Attorney's Office) will handle the title search and determine the current lender payoffs and required escrow amount. 

Once a closing date has been set, you will close at your Attorney's Office (or Closing Agents office for states other than Delaware).