1. FINANCIAL PRE-APPROVAL

• Buyer provides pertinent documentation, including verification of employment, to a Lender to apply for financial mortgage or loan pre-approval
• Credit report is requested
• Appraisal scheduled for current home owned, if any

2. UNDERWRITING

• Loan package is submitted to underwriter for approval

3. LOAN APPROVAL

• Parties are notified of approval
• Loan documents are completed and sent to Lawyers

4. LAWYERS

• Title search, insurance and title survey conducted
• Meet for final signatures

5. FUNDING

• Lender reviews the loan package
• Funds are transferred by wire