The first step in the home buying process is the most important. You and your loan officer will arrange a meeting to assess your creditworthiness, review your goals and expectations, and discuss your financing options.
Submit Your Application
The more information we have up front, the sooner we can hit the ground running.
Gather Your Documents
Your loan officer will ask you to collect a list of documents such as bank statements, W2s, pay stubs and employment history. The faster we receive this information, the sooner we can move to the next step.
Wait For Appraisal
We roll over your application to our appraisal team to keep your application on the fast-track, rather than outsourcing to another company.
VIP Mortgage underwrites every loan in-house.
Approved With Conditions
You’re almost there! Your loan has been approved with conditions. Conditions refer to items that still need addressed. You will work with your loan officer to correct and resubmit these items. Now, your loan will move forward into processing.
Our team will work day and night to make sure closing comes quickly and smoothly.
Our underwriting team will now review your loan and verify that all conditions have been met. Congratulations, your loan process is now complete and you are ready to close!
We work with the closing attorney to review and finalize the paperwork.