”We’ve never owned a home before. You’re staff helped to take the confusion out of the process. we’ll be back, again and again.“

-Todd & Tammy,
Worcester, MA

 

Obtain Loan Approval

Once your loan application has been received, we will start the loan process immediately.

This involves verifying your:

  • Credit history
  • Employment history
  • Assets including your bank accounts, stocks, mutual fund and retirement accounts.
  • Property value

Based on your specific situation, additional documents or verifications may be required. To improve your chances of getting a loan approval:

  • Fill out the loan application completely.
  • Respond promptly to any requests for additional documents. This is especially critical if your rate is locked or if you plan to close by a certain date.
  • Do not make any major purchases. Do not buy a car, furniture or another house until your loan is closed. Anything that causes your debts to increase might have an adverse effect on your current application.
  • Do not move money into your bank accounts unless it can be traced. If you are receiving money from friends, family or other relatives, please contact us.