Home Loan Process - Refinance
Below is a simple, step-by-step indication of what to expect with our refinance home loan process.
Rate Lock & Application
After you decide on a loan, we will lock in your interest rate and begin the application process. We generally email** you the application package for you to return using any of the following methods:
1) Secure File Transfer (Click Here)
4) Personal Drop-Off
**We can also mail the application package or entertain other options that work best for you
Loan Submission & Appraisal
Once you return the signed loan application with other requested documents, we will submit your loan package to the lender for approval. At this time we will also order the appraisal. You will need to meet with the appraiser so he/she can do the property inspection and valuation.
Loan Funding & Recording
After all loan conditions have been cleared, we will let you know that the lender has funded your loan (which means the new lender has provided the funds to accomplish your refinance goals). Then your loan will be recorded with the county and all funds disbursed appropriately. At this point, your refinance has been completed. Congratulations!