The Loan Process

What to expect

Striving to always close on time

Loan Application

A borrower can apply online or meet with a Loan Officer face to face, or communicate through email, phone or fax. Customize loan products to meet individual needs.  Maintain communication throughout the loan process to closing.

Pre-Approval

 

  • Determine how much you can spend on a home.
  • Free to go home shopping.
  • Free to make an offer on the house of your choice.

Contract

  • Submit all requested documents as soon as possible.
  • Make sure there are no changes to your credit or lifestyle.
  • If changes MUST occur, be sure to let us know ASAP.

Underwriting

This will ensure you are not paying more than your house is worth.

Conditional approval

  • A few more things are needed before we move forward.
  • Continue to avoid big life changes, and large purchases.
  • Begin to plan out your utilities for your move.

Clear To Close

  • You will receive final scheduling soon.
  • Look out for a “Closing Disclosure” form.

Closing

  • Supreme Lending sends prepared docs to the title company.
  • Supreme Lending prepares Closing Disclosure then provides final closing figures.
  • Loan Officer will send prepared Closing Disclosure for borrower signature 3 days prior to closing.
  • Congratulations on your new home!

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