After applying online, over the phone, or in person, your Loan Officer will request basic documentation that you will need to provide. Your Loan Officer will discuss the best loan options for you.
Once you have signed and returned all disclosures, your loan will be sent to the Processor, who will be preparing your file for the Underwriter to review. The Processor may reach out to you for additional information or documentation, and it is very important that you please respond as soon as possible.
The Underwriter will typically have a few conditions that either the Processor or the Loan Officer will request from you. Again, please provide these items immediately if requested.
Once you have returned all requested items back to your Processor or Loan Officer, your loan will go back to the Underwriting for final review and approval.
Your Loan Officer will contact you 72 hours prior to closing to review your final numbers. You will need to schedule a closing time directly with the title company. Remember to bring a government-issued photo ID and to sign your full name legibly as shown on the signature line.
After all funds have been received and the monies disbursed to the vendors, the house is officially yours and keys will be handed over to you!
Whether you’re purchasing a new home or refinancing your existing one. You need help from a trusted mortgage specialist.
As Ft. Worth’s leading home loan company, Caprock Home Loans builds a creative approach to home finance that helps our clients take care of their financial goals. Our home loan services cover all the aspects of home ownership and financing.
Are you ready to take the next step?