Ready to buy a new home, a second home or an investment property in Raleigh, Cary, Apex, Charlotte, Wilmington or beyond? Before you begin applying for a mortgage with the Raleigh-based mortgage advisors at Integrated Funding, learn more about what to expect during the home loan process.
Steps of the Home Loan Process
- Complete Application — Borrowers begin the mortgage process by filling out a loan application. As part of this, you will need to supply income and asset documentation. Completing this application sets the stage for the rest of the loan process.
- Processing — Once you’ve filled out your loan application, your loan advisor will process it and check it for completeness and accuracy.
- Preliminary Approval — When your loan application has been processed, you’ll be given preliminary approval by an underwriter. You will also be asked for further documentation, information and clarification on some parts of your application.
- Final Approval — Once you submit the requested information, an underwriter will review it, and then you’ll have final approval. Someone from the closing team will get the final documents for your file ready.
- Loan Closing — At your closing, you’ll meet with an attorney to review and sign all of the final closing documents.
Self-employed? The mortgage process will be similar for you, but will involve more paperwork. Get in touch with us to find out more — we’d love to help you find the perfect mortgage.
Call Integrated Funding to Begin the Home Mortgage Process in Raleigh
To get started on the approval process for your mortgage, contact the Raleigh mortgage advisors at Integrated Funding. We’ll walk you through the different loan programs and options available, including USDA loans, HARP loans, FHA loans and VA loans. Check out our resources to find out more about buying a home.
Integrated Funding is proud to offer personal, customized mortgage solutions in the North Hills area. We serve Raleigh, Cary, Apex, Wake Forest, and surrounding areas in the Triangle and throughout North Carolina, including Charlotte and Wilmington.