Step 1: You have an accepted offer on a home.

Step 2: Gather your paperwork, make a loan application, and lock in an interest rate.

Step 3: The file is sent to the lender for loan approval with your paperwork (approval takes approximately 3-5 days).

Step 4: Lender emails initial disclosure package. Open it, consent to email, and e-sign.

Step 5: Your debit card info is obtained, and your appraisal is ordered (appraisal takes approximately 14 days).

Step 6: The loan is underwritten, and the lender issues an approval with conditions.

Step 7: Buyer submits the conditions and homeowners’ insurance to the lender for final review (final approval takes approximately 48 hours).

Step 8: Underwriter reviews appraisal/conditions. Loan is cleared to close.

Step 9: The closing disclosure is emailed to the buyer to e-sign. Employment is re-verified. Credit soft-pull is done.

Step 10: 3-day mandatory wait period starts. Loan documents are sent to escrow (documents take approximately 24 – 48 hours to arrive).

Step 11: Buyer signs documents. Lender reviews for accuracy.

Step 12: Loan funds are disbursed in 24 hours, the deed is recorded, and keys to the new home are received (same-day funding may apply).

Step 13: Welcome home!