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Loan Process.

It’s Your Dream and Your Future,

We’ll Get You There!

The entire home buying process can seem tricky at first. It involves numerous steps, paperwork, and people. No need to worry, because this is our specialty! Summit Funding, Inc. is here for you from beginning to end, and beyond. It is our goal to help you achieve yours, whatever that may be. Together we can take major steps toward living your best life. Reach out today to start the process and we’ll put you on the path to success!
Request a call Get pre-qualified
  • Speak with a Loan Officer
  • Review credit report, financial and personal goals
  • Assessment of how much you qualify for
  • Prequalification letter is issued, contingent upon final underwriting approval
  • Find a Real Estate Agent partner you trust
  • Search for your new home
  • Negotiate purchase agreement
  • Meet with your Loan Officer
  • Appraisal fee is collected, after 3 days
  • Great time to ask any questions you may have
  • Finalize rate and loan program
  • Verify asset / income documents and employment
  • Finalize homeowners insurance
  • Order appraisal
  • Submit to underwriting
  • Underwriting reviews file and approves credit and collateral
  • Satisfy final approval conditions
  • Loan documents sent to title / escrow
  • Title / escrow company will provide you with the amount needed for closing – make sure to bring a cashier's check
  • Review and sign final documents
  • Loan is funded, home records
  • Receive your keys and celebrate in your new home!

  • Speak with a Loan Officer
  • Review credit report, financial and personal goals
  • Assessment of how much you qualify for
  • Prequalification letter is issued, contingent upon final underwriting approval

  • Find a Real Estate Agent partner you trust
  • Search for your new home
  • Negotiate purchase agreement

  • Meet with your Loan Officer
  • Appraisal fee is collected, after 3 days
  • Great time to ask any questions you may have

  • Finalize rate and loan program
  • Verify asset / income documents and employment
  • Finalize homeowners insurance
  • Order appraisal
  • Submit to underwriting

  • Underwriting reviews file and approves credit and collateral
  • Satisfy final approval conditions

  • Loan documents sent to title / escrow
  • Title / escrow company will provide you with the amount needed for closing – make sure to bring a cashier's check
  • Review and sign final documents
  • Loan is funded, home records

  • Receive your keys and celebrate in your new home!
Understanding Credit
Loan Process
Do's & Dont's
Mortgage Terms
Borrower Checklist
Calculators
FAQs

Request a call.

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