The Four Steps of the Mortgage Loan Process:The Loan Mortgage Process: Four Steps

Shopping for a mortgage? We will be glad to assist you! Give us a call at (305) 891-6500. Ready to get started? Apply Online Now.

There's little doubt ; getting a mortgage loan is a complex process. You wouldn't be here on our site if it were possible to fill out a simple loan app and receive a great loan funded in one day. We do most of the heavy lifting for you, so you can concentrate on what's important — preparing to move into your new home or saving money.

Getting a home loan involves four major steps.

Step one: Decide how much you can afford

A couple of factors determine this amount. How much of a monthly payment can you afford? And given your unique credit and employment history, income and debt, and goals, how much will a lender loan you? Use the calculators on our website to determine your monthly payment amount. We'll also help you through different scenarios by asking a few simple questions. Because lender guidelines are fairly standard, we can give you a good idea of how much you can borrow after a short conversation.

Step two: pre-qualify for your loan

This is where the rubber meets the road and Secured Horizon Financial Group, Inc can really save you money. You will supply details about your current job, your assets, and your residence history. You'll provide your employment, asset, and residence history information. We pull your credit score and report. After we've finished reviewing this information, we'll provide you with a pre-qualification letter. Be careful with this letter — it is a great tool for buying your new home! With this letter, your REALTOR® will negotiate the best deal for your new home. While you're looking for a new house with your REALTOR™, we find the best program for you.

Step three: apply now! We make it easy

After you've signed the offer and the sellers accept it, it's time to apply for the loan. Applying for a loan could not be much easier; you can apply right here on our site. When the time is right, we will order the appraisal of your new home.

Step four: your loan is funded

Your REALTOR® and the seller's will coordinate to designate a title company to take care of the funding of your loan. We'll work with this company to ensure all the papers your lender needs are available, and you will probably}likely sign everything at their officeWe do all the work to coordinate with the title company on your date to close. Because you don't have to worry with this coordination, you get to concentrate on moving, painting, carpet, and all the details of getting your new home.

You've answered some few questions, given us detailed information, applied online, and the next thing you know, you're moving in! Secured Horizon Financial Group, Inc is in the business of mortgage loans; you're not — so we take care of the details. Doesn't that sound nice?

Have questions about the loan process? Call Secured Horizon Financial Group, Inc at (305) 891-6500. We answer questions about the loan process every day.