Getting a mortgage can be a stressful process, especially if you’re a first-time home buyer.That’s why at Churchill Mortgage we emphasize communication. It is our mission to help you save time and money, and avoid the common pitfallsthat many first-time home buyers experience when they don’t get expert advice in advance.
To make sure you feel confident through all stages of your mortgage experience, your Home Loan Specialist will work with you to build a smarter mortgage plan that guides you every step of the way.
Here’s an easy-to-understand view of the home loan process.
Step 1: Origination
Loan origination is the process of applying for a home loan. Once you get your loan estimate (which tells you the important details about the loan you’ve requested) you’ll decide whether you want to move forward with processing or not.
Step 4: Closing Once your loan is approved, your file is transferred to the closing department where your closing disclosures will be process, your closing day will be scheduled, and your loan is funded.
At the closing of your home you should:
Bring a cashier’s check for your down payment and closing costs, if required
If you have questions about the process of purchasing a home, let us know. We’re here to help! Or if you’d like to apply online and quickly start the process, we’ll have a Home Loan Specialist get back to you about your application status right away.