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NMLS# 243348
Full-Service Loan Originators
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THE HOME LOAN PROCESS
The BEST HOME LOAN LENDER for FIRST-TIME Home Buyers in California
THE LOAN Lady Home Loans
WILL TAKE YOU THROUGH
THE ENTIRE PROCESS OF THE LOAN
CLIENT TESTIMONIAL
The LOAN Lady Club is an all-around team led by a wonderful, knowledgeable, encouraging, enthusiastic woman...
If it was not for
The Loan Lady Club we would not have been able to go through the process because our confidence level was so low...
Thank God for the Loan Lady Club!
"
"
Muata M., Vallejo, San Francisco, Bay Area, Northern California
MEET YOUR MORTGAGE LOAN OFFICERS AT THE LOAN LADY HOME LOANS
THE HOME LOAN PROCESS
Understand the Life of Your Loan
THE PROCESS FLOW FOR BUYING A HOME
STEP 1: Initial Loan Interview
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Loan Application
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List of Items Needed
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SNAP* Buyer Approval or Pre-Approval
* a Snap Buyer Approval is based on a Preliminary review of your Loan Application, Credit Report, Income, Assets, and automated underwriting decision. It is not a commitment to lend. We can offer a loan commitment upon Verification of all applicable information, satisfaction of Underwriting Requirements, an acceptable Property Appraisal and Title Report.
STEP 2: Find your Dream Home
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Consult your Lender to confirm Payment and Approval
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Negotiate an Offer with the Seller
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Finalize Purchase Contract and the Close of Escrow Date
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Choose Loan Program and Interest Rate options
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EMD Earnest Money Deposit to Title Company - $$ Pay Your Earnest Money Deposit (pledged at Offer)
STEP 3: Loan Process
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Receive Loan Estimate and Disclosures to be Signed
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Provide Credit Card for Appraisal Deposit
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Appraisal is ordered
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File Submitted to Underwriting
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Receive conditional approval and remaining conditions needed
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Work with your Loan Officer to provide the remaining items requested
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Receive Final underwriting approval
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Lender will issue the closing disclosure
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3 IF's > Contingencies >
1) Home Inspection
3) Loan Approval
2) Appraisal
in person
e-delivery
constitutes receipt
Wait 3 days
after receipt
Sign Loan Documents
constitutes receipt
3 Business Days
constitutes receipt
STEP 4: Meet with Escrow and Sign Loan Documents 3 days after closing disclosure is signed
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Obtain funds for closing: Lender to provide detailed instructions
STEP 5: Funding
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Lender will review funding package and clear any remaining conditions.
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Loan Funds and Records
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Receive Home Keys and Celebrate as New Homeowners!
I initially spoke to Ax who reached out right away upon my inquiry.
There was follow up by Joanna and when I emailed her with a concern she got right back to me .
Noel, D from Monterey, California
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