Brent D. Miller
Home Mortgage Consultant
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Start the Financing Process Online — How it Works

Have last-minute questions before completing the online form?

Here's how the process works:

Gather essential information before you start the online form.
Have the following information on hand to complete the form:
  • Financial: Income, asset and expense information.
  • If buying: Estimated purchase price and down payment amount.
  • If refinancing: Estimated property value and loan amount.
For a detailed list, review the Information section of our homebuying checklist or refinance checklist.

What Happens Next?

A home mortgage consultant will follow up with you to discuss your options and begin your application, if you decide that you want to apply.

Provide supporting documents
Learn more about the documents we may request from you.

Financial and property review
Your home mortgage consultant will submit your application for review and verification to obtain a loan decision. We will:
  • Verify employment, income, and financial information.
  • Order an appraisal to determine the appraised value of your property.
  • Obtain other services such as title insurance and flood certification.
  • Upon loan approval, send you a list of conditions that have to be met before you can prepare to close your loan.

Prepare to close
Once your application is approved, we'll work with you and your closing agent to complete the following steps:
  • Confirm or set a closing date to sign your loan documents.
  • Review the title insurance to ensure you have clear title to the property.
  • Review your homeowner's insurance policy to ensure your coverage is adequate.
Prior to your loan closing, your closing agent will provide your final closing figures so you can obtain a cashier's check for your closing costs, escrows (and down payment, if buying a home).

At closing
Finally, we'll send the closing documents to your closing agent. On your closing day, review the documents carefully with your agent, then sign and date them.
  • If buying a home, collect your keys and move in. Congratulations!
  • If refinancing, you have a three-day right-of-rescission period to cancel the transaction.


After closing
After your loan closes, we're still with you—with anytime online access to your account. Learn about what you can do to manage your mortgage account with convenient access to payment options, your account history, and annual tax information.

Still have questions?
We're ready to help. Please speak with your mortgage consultant.


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Asset

 
Includes bank, investment and retirement accounts
 
 
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Expense

 
Includes housing, credit card and loan payments, child support, and other obligations
 
 
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Down payment

 
On a purchase loan, this amount usually represents a percentage of the purchase price that you are required to pay in cash (certified check), and cannot finance into the loan amount. The percentage of the purchase price that you are required to pay usually varies based on the loan product you selected. Government loans usually require lower down payments than conventional (non-government) loans.
 
 
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Good Faith Estimate

 
Provides a breakdown and estimate of your closing costs.
 
 
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Truth-In-Lending Disclosure

 
A Truth-In-Lending Disclosure provides the terms of the loan, annual percentage rate (APR), and other prepaid finance charges.
 
 
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Appraised value

 
An opinion of value determined by a professional appraiser, your home's appraised value is an important part of your financing.
  • If you're purchasing, this value usually needs to match or exceed the home's purchase price.
  • If refinancing, the appraised value helps to determine your maximum loan amount.

If the appraised value is lower than expected, your loan application may need to be restructured.
 
 
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Conditions

 
Standard conditions include our receipt of homeowner's insurance policy, flood insurance if necessary, and an acceptable title insurance binder.
 
 
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Closing agent

 
This is the person or company that coordinates the execution of your closing documents. May be called by different titles in different states. Some common terms are attorney, title company, settlement agent, escrow company, notary, among others.
 
 
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Clear title

 
You may be required to submit additional documentation at this point if there are issues with the title search.
 
 
 
 

Equal Housing Lender