*Submit application: Borrower will be required to submit a formal application by filling our simple loan application form. We will quickly evaluate your loan request and send you a quote.
*Lock in Rate: If borrower agrees with the repayment quote sent, borrower will sign to lock in rate (negotiable).
*Document: Documents will be reviewed for loan approval.
*Sign Loan agreement contract: Borrower will be required to sign a loan agreement contract.
*Loan origination cost: Borrower will be required to pay loan origination fee (one point) as compensation for processing a new loan. (Only applies to
first time borrowers).
*Funding: Loan funds will be wire as per borrower’s discretion.
CLOSING: Typically 3-7 business days after submitting an application. We will work to accommodate a quicker closing if necessary.